US Steel reported record Q2 earnings of $5.65/share, considerably exceeding analysts expectations. This earnings growth was driven by strong demand for a wide range of US Steel's products and cost efficiencies realized by operating at high capacity - 93% in North America and 104% in Europe. As a result, the company increased its quarterly dividend by 20%.http://seekingalpha.com/article/87791-united-states-steel-corp-q2-2008-earnings-call?source=feed