The package would make Correnti the second-most-highly-paid steel executive, behind Thomas Usher of USX-U.S. Steel Group, a company with nine times Birmingham's revenues.

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It was there that he met legendary steel veteran Thomas Graham, with whom he left to save beleaguered Armco.

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The event at the Westin Convention Center will be co-hosted by U.S. Steel Chairman and CEO Thomas Usher.

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