United States Steel Corporation (N:X)

Apr 16, 2024 04:15 pm ET
United States Steel Corporation to Release First Quarter 2024 Financial Results on May 2, 2024
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the first quarter 2024 on Thursday, May 2, 2024, following the close of trading on the New York Stock Exchange.
Apr 12, 2024 01:45 pm ET
U. S. Steel Stockholders Approve Transaction with Nippon Steel Corporation (NSC)
Following the special meeting of stockholders (the “Special Meeting”) held earlier today, United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced that, based on the preliminary vote count, U. S. Steel stockholders overwhelmingly voted to approve the proposed merger with Nippon Steel Corporation (NSC) (TSE: 5401). More than 98% of the shares voted at the Special Meeting, representing approximately 71% of the shares of U. S. Steel common stock issued and outstanding as of the record date for the Special Meeting, were voted in favor of the proposal to adopt the merger agreement.
Apr 03, 2024 07:00 am ET
U. S. Steel and CarbonFree Sign Definitive Agreement to Capture Carbon Dioxide Emissions at One of the Largest North American Integrated Steel Mills
United States Steel Corporation (U. S. Steel) (NYSE: X) and CarbonFree, a leader in carbon capture te
Mar 29, 2024 07:00 am ET
Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend U. S. Steel Shareholders Vote “FOR” the Pending Transaction with Nippon Steel Corporation (NSC)
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have recommended that U. S. Steel shareholders vote “FOR” the pending transaction with Nippon Steel Corporation (“NSC”) (TSE: 5401) at the upcoming special meeting on April 12, 2024.
Mar 26, 2024 10:12 am ET
U. S. Steel Consent Decree for Clairton Plant Incidents Authorized by Environmental Protection Agency and Department of Justice
United States Steel Corporation (NYSE: X) has received authorization for its multi-million-dollar Consent Decree from the United States Environmental Protection Agency (U.S. EPA) and the United States Department of Justice (DOJ). The January 2024 Consent Decree with the Allegheny County Health Department, Clean Air Council, and PennEnvironment addressed the Clairton Plant fire in 2018, and power outages at the Plant in 2019 and 2022. Final approval by the Federal District Court for the Western District of Pennsylvania is pending. We regret that these accidental incidents occurred and believe t
Mar 21, 2024 03:39 pm ET
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates FUSN, DRQ, X
NEW YORK, March 21, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Mar 21, 2024 11:06 am ET
UNITED STATES STEEL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of United States Steel Corporation -
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of United States Steel Corporation (“US Steel”) (NYSE: X) to Nippon Steel Corporation. Under the terms of the proposed transaction, shareholders of US Steel will receive $55.00 in cash for each share of US Steel that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Mar 20, 2024 12:05 pm ET
United States Steel Honors Employees for Community Service with Donations to Charitable Organizations
United States Steel Corporation (NYSE: X) (“U. S. Steel”) named its Volunteer of the Year along with 12 Service Champions for their community service in 2023 as part of the company’s United by Service initiative. To honor the winners, U. S. Steel is donating to the charitable organization of each employee’s choice. U. S. Steel is donating $15,000 on behalf of the Volunteer of the Year and $5,000 on behalf of each of the 12 Service Champions. Overall, U. S. Steel is awarding $75,000 to charitable organizations in recognition of employee volunteers companywide.
Mar 18, 2024 08:15 am ET
United States Steel Corporation Provides First Quarter 2024 Guidance
United States Steel Corporation (NYSE: X) today provided first quarter 2024 adjusted net earnings per diluted share guidance of $0.80 to $0.84. First quarter 2024 adjusted EBITDA is expected to be approximately $425 million.
Mar 11, 2024 09:05 am ET
U. S. Steel Makes Strategic Investment in Pittsburgh-Based Autonomous Warehousing Pioneer -- Freespace Robotics
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced a strategic investment in Pittsburgh-based Freespace Robotics, a pioneering manufacturer of robotic storage and retrieval systems that are in demand by warehouses worldwide. This investment will help Freespace hire and retain local talent as well as recruit others into the region.
Mar 04, 2024 11:30 am ET
Ethisphere Names U. S. Steel One of the World’s Most Ethical Companies® for Third Consecutive Year
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it has been named “one of the 2024 World’s Most Ethical Companies®” by Ethisphere, the global leader in defining the standards of ethical business practices. This marks the third consecutive year that U. S. Steel has received this widely sought-after recognition, a testament to the company’s differentiated ethics and compliance programs and its ongoing dedication to its Best for All® strategy.
Feb 10, 2024 10:58 am ET
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates KRTX, DSKE, X, RYZB
Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Karuna Therapeutics, Inc. (NASDAQ:...
Feb 03, 2024 09:36 am ET
INVESTIGATION ALERT: Halper Sadeh LLC Investigates X, SNCE, AVRO, CALB
Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: United States Steel Corporation (NYSE:...
Feb 02, 2024 07:04 pm ET
United States Steel Corporation Publishes Video Highlighting Fourth Quarter and Full-Year 2023 Results
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today published a video in which President and Chief Executive Officer, David B. Burritt and Senior Vice President and Chief Financial Officer, Jessica T. Graziano, review the Company’s fourth quarter and full-year 2023 earnings results, provide earnings guidance for the first quarter 2024 and discuss the previously announced acquisition of U. S. Steel. The video is being posted to the Company's Investor Relations website and is available
Feb 01, 2024 04:20 pm ET
United States Steel Corporation Declares Dividend
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday, March 13, 2024, to stockholders of record at the close of business on Monday, February 12, 2024.
Feb 01, 2024 04:17 pm ET
United States Steel Corporation Reports Fourth Quarter and Full-Year 2023 Results
United States Steel Corporation (NYSE: X) reported fourth quarter 2023 net loss of $80 million, or $0.36 per diluted share and adjusted net earnings was $167 million, or $0.67 per diluted share. This compares to fourth quarter 2022 net earnings of $174 million, or $0.68 per diluted share, and adjusted net earnings for the fourth quarter 2022 was $235 million, or $0.89 per diluted share.
Jan 27, 2024 12:13 pm ET
SHAREHOLDER NOTICE: Halper Sadeh LLC Investigates X, CVLY, BLBX
Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: United States Steel Corporation (NYSE:...
Jan 26, 2024 09:25 pm ET
UNITED STATES STEEL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of United States Steel Corporation -
NEW ORLEANS, Jan. 26, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of  United States Steel Corporation ("US Steel") (NYSE: X) to Nippon Steel Corporation.  Under the terms of the proposed transaction, shareholders of US Steel will receive $55.00 in cash for each share of US Steel that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Jan 26, 2024 04:00 pm ET
U. S. Steel Reaches Agreement for Clairton Plant Incidents; Includes Significant Funding to Support Local Communities
Today, United States Steel Corporation (NYSE: X) signed a Consent Decree with the Allegheny County Health Department (ACHD), Clean Air Council, and PennEnvironment to address the Clairton Plant fire in 2018, and power outages at the Plant in 2019 and 2022. We regret that these accidental incidents occurred and believe this Consent Decree greatly benefits Mon Valley communities.
Jan 23, 2024 01:45 pm ET
SHAREHOLDER NOTICE: Halper Sadeh LLC Investigates PGTI, X, THRX, AYX
NEW YORK, Jan. 23, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Jan 22, 2024 04:17 pm ET
United States Steel Corporation to Release Fourth Quarter and Full Year 2023 Financial Results on February 1, 2024
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the fourth quarter and full year 2023 on Thursday, February 1, 2024, following the close of trading on the New York Stock Exchange.
Jan 18, 2024 11:30 am ET
U. S. Steel Recognized as One of America’s Greatest Workplaces for Diversity by Newsweek and Plant-A Insights
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it has been named one of “America’s Greatest Workplaces for Diversity 2024” by Newsweek and the market data research firm Plant-A Insights Group, based on their recent independent workplace study. The large-scale and rigorous review spotlights organizations that are providing excellent work opportunities for women, veterans, the LGBTQ+ community, and more while also cultivating a healthy work-life balance.
Jan 01, 2024 09:23 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ICVX, CVLY, RAIN, X
Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Icosavax, Inc. (NASDAQ: ICVX)’s sale...
Dec 27, 2023 08:29 pm ET
SHAREHOLDER ALERT: Juan Monteverde Encourages the Shareholders of SUM, X, PGTI, RAIN Take Action
NEW YORK, Dec. 27, 2023 /PRNewswire/ -- Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2022 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating:
Dec 27, 2023 02:34 pm ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates RAIN, X, PGTI
Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Rain Oncology Inc. (NASDAQ: RAIN)’s...
Dec 26, 2023 11:32 pm ET
UNITED STATES STEEL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of United States Steel Corporation -
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of United States Steel Corporation (“US Steel”) (NYSE: X) to Nippon Steel Corporation. Under the terms of the proposed transaction, shareholders of US Steel will receive $55.00 in cash for each share of US Steel that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Dec 26, 2023 10:10 pm ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates X, PGTI, AYX, HOLI
NEW YORK, Dec. 26, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Dec 26, 2023 06:01 pm ET
ALERT: Juan Monteverde Encourages the Shareholders of RYZB, GRCL, X, PGTI to Take Action
Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the “M&A Class Action Firm”), a national securities firm rated Top 50 in the 2018-2022 ISS Securities Class Action Services Report and headquartered...
Dec 20, 2023 08:43 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ICVX, X, PGTI
Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Icosavax, Inc. (NASDAQ: ICVX)’s sale...
Dec 18, 2023 11:11 am ET
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AYX, PGTI, X
NEW YORK, Dec. 18, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Dec 18, 2023 09:05 am ET
Shareholder Alert: Ademi LLP investigates whether United States Steel Corporation has obtained a Fair Price in its transaction with Nippon Steel
MILWAUKEE, Dec. 18, 2023 /PRNewswire/ -- Ademi LLP is investigating U.S. Steel (NYSE: X) for possible breaches of fiduciary duty and other violations of law in its transaction with Nippon Steel.
Dec 18, 2023 08:31 am ET
Thinking about trading options or stock in United States Steel, Pfizer, Alibaba Group, General Electric, or Nio Inc?
NEW YORK, Dec. 18, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for X, PFE, BABA, GE, and NIO.
Dec 18, 2023 06:57 am ET
X Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of United States Steel Corporation Is Fair to Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of United States Steel Corporation (NYSE: X) to Nippon Steel Corporation for $55.00 per share is fair to U. S. Steel shareholders.
Dec 18, 2023 06:00 am ET
Nippon Steel Corporation (NSC) to Acquire U. S. Steel, Moving Forward Together as the ‘Best Steelmaker with World-Leading Capabilities’
Nippon Steel Corporation (NSC) (TSE: 5401), Japan’s largest steelmaker and one of the world’s leading steel manufacturers, and United States Steel Corporation (NYSE: X) ("U. S. Steel”), a leading steel producer with competitive advantages in low-cost iron ore, mini mill steelmaking, and best-in-class finishing capabilities, today announced that they have entered into a definitive agreement pursuant to which NSC will acquire U. S. Steel in an all-cash transaction at $55.00 per share, representing an equity value of approximately $14.1 billion plus the assumption of debt, for a total enterprise
Dec 14, 2023 04:17 pm ET
United States Steel Corporation Provides Fourth Quarter 2023 Guidance
United States Steel Corporation (NYSE: X) today provided fourth quarter 2023 adjusted net earnings per diluted share guidance of $0.20 to $0.25. Fourth quarter 2023 adjusted EBITDA is expected to be approximately $250 million.
Dec 07, 2023 11:00 am ET
U. S. Steel’s Operations in Minnesota Generated $1.8 Billion in Economic Impact
United States Steel Corporation’s (“U. S. Steel”) Minnesota Ore Operations in the Mesabi Iron Range of northern Minnesota contributed $1.8 billion to the local and state economy in Fiscal Year 2022 (FY22), according to an economic impact report released today. The report further concludes that U. S. Steel’s economic activity supported or sustained 5,284 jobs. Facilities in this region include Minntac in Mt. Iron and Keetac in Keewatin.
Nov 30, 2023 03:51 pm ET
U. S. Steel Receives a Perfect Score on Human Rights Campaign Foundation’s 2023 Corporate Equality Index (CEI) for Fourth Consecutive Year
U. S. Steel Corporation (“U. S. Steel”) announced today that it has earned the Human Rights Campaign Foundation’s Equality 100 Award and, for a fourth consecutive year, received a perfect score of 100 on their Corporate Equality Index (CEI). The CEI is the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.
Nov 29, 2023 10:37 am ET
U. S. Steel Earns Mansfield Certification for Progressing Diversity, Equity, and Inclusion in Legal Department
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it has earned the highly respected Mansfield Certification, an accreditation awarded to a small group of companies who successfully improve the diversity profile of their corporate legal departments. Developed and presented by Diversity Lab, the certification recognizes U. S. Steel’s commitment to expanding the pool of qualified talent considered for leadership, including to historically underrepresented individuals, and providing transparency to advancement pathways.
Nov 20, 2023 09:07 am ET
U. S. Steel Releases 2023 Task Force on Climate-Related Financial Disclosures Report
United States Steel Corporation (NYSE: X) (“U. S. Steel”) released its 2023 Task Force on Climate-Related Financial Disclosures (TCFD) report, outlining how climate-related risks are
Oct 30, 2023 03:18 pm ET
U. S. Steel Pioneers Battery-Powered Locomotives, Reinforces Commitment to Sustainability and Community
United States Steel Corporation (“U. S. Steel” or the “Company”) (NYSE: X) announced today a significant step in its ongoing commitment to sustainability, environmental excellence and the communities it serves. The company converted two of its diesel switcher locomotives at the Mon Valley Works’ Edgar Thomson and Clairton Plants to state-of-the-art battery-operated locomotives. The locomotives are built by Innovative Rail Technologies (IRT), a provider of customized lithium-ion propulsion solutions to the locomotive rail market. U. S. Steel invested more than $2.3 million in the locomotives wh
Oct 30, 2023 07:23 am ET
U. S. Steel’s Operations in Pennsylvania Generated $3.6 Billion in Economic Impact
United States Steel Corporation (“U. S. Steel”) (NYSE: X) operations in Pennsylvania, which include U. S. Steel’s corporate headquarters in Pittsburgh and sites in Braddock, Clairton, Fairless Hills, Munhall, and West Mifflin, contributed $3.6 billion to the local and state economy in Fiscal Year 2022, according to an economic impact report released today. The report further concludes that the U. S. Steel’s economic activity supported or sustained 11,417 jobs.
Oct 26, 2023 04:37 pm ET
United States Steel Corporation Declares Dividend
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Thursday, December 7, 2023, to stockholders of record at the close of business on Monday, November 6, 2023.
Oct 26, 2023 04:17 pm ET
United States Steel Corporation Reports Third Quarter 2023 Results
United States Steel Corporation (NYSE: X) reported third quarter 2023 net earnings of $299 million, or $1.20 per diluted share. Adjusted net earnings was $350 million, or $1.40 per diluted share. This compares to third quarter 2022 net earnings of $490 million, or $1.85 per diluted share. Adjusted net earnings for the third quarter 2022 was $526 million, or $1.98 per diluted share.
Oct 17, 2023 08:00 am ET
U. S. Steel and DuPont Launch COASTALUME™ Product, North America's First GALVALUME® Solution Engineered and Warrantied for Coastal Environments
Combines U.S. Steel's GALVALUME® with DuPont™Tedlar® PVF Film to withstand challenges associated with America's coastal environment
Oct 17, 2023 08:00 am ET
U. S. Steel and DuPont™ Launch COASTALUME™ Product, North America’s First GALVALUME® Solution Engineered and Warrantied for Coastal Environments
United States Steel Corporation (NYSE: X) (“U. S. Steel”) and DuPont (NYSE: DD) today launched a new product, COASTALUME™, North America’s first GALVALUME® solution engineered and warrantied for coastal environments. Marking a collaboration of two iconic American industrial companies, the new COASTALUME™ product combines the strength and self-healing characteristics of U. S. Steel’s GALVALUME ® solution with DuPont’s Tedlar® polyvinyl fluoride (“PVF”) film barrier that helps resist saltwater corrosion, UV damage, cracking, impact, and more.
Oct 12, 2023 03:59 pm ET
U. S. Steel Celebrates Launch of New Electrical Steel Line with Ribbon Cutting in Osceola, Arkansas
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today hosted a ribbon cutting ceremony for the opening of its new, non-grain oriented (“NGO”) electrical steel line at its Big River Steel facility in Osceola, Arkansas. The successful startup of the line marks a significant milestone for U. S. Steel, as the line has the capacity to produce more tons of NGO electrical steel per year in the United States than any other domestic steelmaker, while supplying sustainable steel solutions that are best for people and the planet.
Oct 12, 2023 08:30 am ET
United States Steel Corporation to Release Third Quarter 2023 Financial Results on October 26, 2023; Invites Retail and Institutional Investors to Submit Questions
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the third quarter 2023 on Thursday, October 26, 2023, following the close of trading on the New York Stock Exchange. Interested stockholders, investors and others may listen to the company’s webcast on Friday, October 27, 2023, at 8:30 a.m. ET. The webcast will discuss the third quarter 2023 financial results and provide a company update which may include forward-looking information.
Oct 11, 2023 03:44 pm ET
U. S. Steel’s Operations in Arkansas Generated $383.2 Million in Economic Impact
United States Steel Corporation (“U. S. Steel”) operations in Arkansas, which includes Big River Steel in Osceola, and Wheeling Machine Products in Pine Bluff, contributed more than $383.2 million to local and state economies in Fiscal Year 2022, according to an
Oct 02, 2023 05:30 pm ET
Algoma Steel Announces Extension of Iron Ore Contract with U. S. Steel to Support Transition to Electric Arc Steelmaking
Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced a two-year extension of its existing iron ore purchase contract with...
Sep 21, 2023 12:13 pm ET
Sep 20, 2023 09:05 am ET
NETL Collaborates with U. S. Steel to Capture Greenhouse Gas at Edgar Thomson Plant
NETL and United States Steel Corporation (“U. S. Steel” or the “Company”) (NYSE: X) plan to test an advanced membrane technology to capture carbon dioxide (CO2) emissions generated by steelmaking operations at the Company’s Edgar Thomson Plant, located in Braddock, Pennsylvania.
Sep 18, 2023 04:17 pm ET
United States Steel Corporation Provides Third Quarter 2023 Guidance
United States Steel Corporation (NYSE: X) today provided third quarter 2023 adjusted net earnings per diluted share guidance of $1.10 to $1.15. Third quarter 2023 adjusted EBITDA is expected to be approximately $550 million.
Sep 13, 2023 12:27 pm ET
U. S. Steel Featured on Tomorrow’s World Today®
Filmed at United States Steel Corporation's (NYSE: X) (“U. S. Steel”) Research & Technology Center in Munhall, Pennsylvania and Big River Steel Works in Osceola, Arkansas, the episode provides a comprehensive exploration of sustainable steel production methods, with a specific focus on the creation of steel for electric vehicles.
Aug 17, 2023 10:13 pm ET
Cleveland-Cliffs Receives Exclusive Assignment of Right to Bid from United Steelworkers
Cleveland-Cliffs Inc. (NYSE: CLF) (“Cleveland-Cliffs” or “Cliffs”) today announced receipt of the assignment of the United Steelworkers’ (USW) right to bid under their Basic Labor Agreement with United States Steel Corporation (NYSE:X) (“U.S. Steel”). With this exclusive assignment, Cliffs is the only realistic buyer able to acquire the totality of U.S. Steel. Furthermore, Cliffs has agreed to assume, upon closing of a transaction, all of the agreements between U.S. Steel and the USW that are applicable to the U.S. Steel employees.
Aug 13, 2023 07:04 pm ET
U. S. Steel Confirms Receipt of Unsolicited Proposals from Cleveland-Cliffs and Multiple Other Parties; Reaffirms Competitive Strategic Review Process to Maximize Stockholder Value
United States Steel Corporation (NYSE: X) (“U. S. Steel” or “the Company”) today confirmed that it has invited Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) to participate in its previously announced strategic review process. The Company previously disclosed it has commenced a formal review process, with the assistance of outside financial and legal advisors, to evaluate strategic alternatives for the Company after receiving multiple unsolicited proposals that ranged from the acquisition of certain production assets to consideration for the whole Company.
Aug 13, 2023 03:32 pm ET
Cleveland-Cliffs Proposes to Acquire U.S. Steel
Cleveland-Cliffs Inc. (NYSE: CLF) (“Cleveland-Cliffs” or “Cliffs”) is publicly announcing a previously private offer that it had presented to the Board of the United States Steel Corporation (NYSE:X) (“U.S. Steel”) on July 28, 2023. That offer, which was reiterated in writing to the U.S. Steel Board on August 11, 2023, proposed acquiring 100% of the outstanding stock of U.S. Steel for a per share value of $17.50 in cash and 1.023 shares of Cliffs stock. On July 28, 2023, this implied a total consideration value of $35.00 per share of U.S. Steel stock, which represented a 42% premium to U.S. St
Aug 13, 2023 12:00 pm ET
U. S. Steel Announces Strategic Alternatives Process
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that its Board of Directors has decided to initiate a formal review process, with the assistance of outside financial and legal advisors, to evaluate strategic alternatives for the Company. The Board of Directors and management team are committed to acting in the best interests of the Company, its stockholders and its stakeholders. U. S. Steel has made significant progress transforming the Company into a customer-centric, world-competitive Best for All® steelmaker as it continues to win in strategic markets, m
Aug 10, 2023 09:45 am ET
U. S. Steel Aims to Improve Operational Efficiencies and Employee Experiences with Google Cloud’s Generative AI
United States Steel Corporation (NYSE: X) (“U. S. Steel”) and Google Cloud today announced a new collaboration to build applications using Google Cloud’s generative artificial intelligence (“gen AI”) technology to drive efficiencies and improve employee experiences in the largest iron ore mine in North America. As a leading manufacturer engaging in gen AI with Google Cloud, U. S. Steel continues to advance its more than 100-year legacy of innovation.
Aug 02, 2023 10:01 am ET
U. S. Steel Names Goldman Sachs Alum Emily Chieng as Investor Relations Officer
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced the appointment of Emily Chieng as Investor Relations Officer, effective September 2023. She succeeds Kevin Lewis who was appointed Vice President, Finance in December 2022.
Jul 27, 2023 04:37 pm ET
United States Steel Corporation Declares Dividend
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Thursday, September 7, 2023, to stockholders of record at the close of business on Monday, August 7, 2023.
Jul 27, 2023 04:17 pm ET
U. S. Steel Delivers Another Strong Quarter; Best for All® Strategy On-Track
United States Steel Corporation (NYSE: X) reported second quarter 2023 net earnings of $477 million, or $1.89 per diluted share. Adjusted net earnings was $483 million, or $1.92 per diluted share. This compares to second quarter 2022 net earnings of $978 million, or $3.42 per diluted share. Adjusted net earnings for the second quarter 2022 was $1,116 million, or $3.89 per diluted share.
Jul 26, 2023 10:30 am ET
U. S. Steel Recognized as a 'Best Place to Work for Disability Inclusion' with Top Disability Equality Index Score
U. S. Steel (NYSE: X) announced today that for the third consecutive year, the Company was recognized as a “Best Place to Work for Disability Inclusion,” with a top score of 100 on the Disability Equality Index® (DEI). Also this year, U. S. Steel’s President and CEO, David B. Burritt, joined more tha
Jul 13, 2023 02:14 pm ET
U. S. Steel Unlocks New Environmental Data for Customers with EPDs on Flat-Rolled Coil Products Melted at Big River Steel Works
Today, United States Steel Corporation (NYSE: X) (U. S. Steel) announced environmental product declarations (EPDs) across three key offerings including Hot-Rolled, Cold-Rolled and Corrosion-Resistant flat-rolled products where the steel has been melted at Big River Steel Works. The EPDs provide quantifiable, independent, and audited environmental data on these core products. These enhanced disclosures are valid for five years and equip U. S. Steel customers with objective information about the lifecycle impacts and emissions of steel products, enabling them to select more sustainable products
Jul 13, 2023 08:04 am ET
United States Steel Corporation to Release Second Quarter 2023 Financial Results on July 27, 2023; Invites Retail and Institutional Investors to Submit Questions
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the second quarter 2023 on Thursday, July 27, 2023, following the close of trading on the New York Stock Exchange. Interested stockholders, investors and others may listen to the company’s webcast on Friday, July 28, 2023, at 8:30 a.m. ET. The webcast will discuss the second quarter 2023 financial results and provide a company update which may include forward-looking information.
Jun 19, 2023 04:17 pm ET
United States Steel Corporation Provides Second Quarter 2023 Guidance
United States Steel Corporation (NYSE: X) today provided second quarter 2023 adjusted net earnings per diluted share guidance of $1.81 to $1.86. Second quarter 2023 adjusted EBITDA is expected to be approximately $775 million.
Jun 13, 2023 09:03 am ET
U. S. Steel Issues ESG Report Highlighting Continued Progress on Ambitious Sustainability Goals
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today issued its 2022 Environmental, Social and Governance (ESG) Report titled, “Essential for our Future,” reaffirming its commitment to sustainable steelmaking and a greener economy. Steel is essential to enabling critical green technologies like wind turbines, solar fields, and electric vehicle motors. Moreover, sustainable steel can contribute towards lowering the greenhouse gas (GHG) emissions of other products and industries. Steel stands out for its remarkable capability to be recycled infinitely without any loss of quality, demo
Jun 07, 2023 09:52 am ET
U. S. Steel Issues 2023 Diversity, Equity and Inclusion Report
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today issued its 2023 Diversity, Equity and Inclusion (DEI) Report, which emphasizes its strong commitment to fostering a culture that supports all employees.
May 18, 2023 04:07 pm ET
U. S. Steel Closes on $240 Million Financing to Support Big River 2
United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “Company”) today announced the closing of $240 million unsecured Arkansas Development Finance Authority environmental improvement revenue bonds, which carry a green bond designation (the “Green Bonds”).
Apr 27, 2023 04:32 pm ET
United States Steel Corporation Declares Dividend
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday, June 7, 2023, to stockholders of record at the close of business on Monday, May 8, 2023.
Apr 27, 2023 04:17 pm ET
U. S. Steel Delivers Strong First Quarter 2023; Best for All® Strategy On-Track
United States Steel Corporation (NYSE: X) reported first quarter 2023 net earnings of $199 million, or $0.78 per diluted share. Adjusted net earnings was $195 million, or $0.77 per diluted share and excludes stock-based compensation expense of $8 million, net of taxes, or $0.03 per diluted share that had previously been reported in the North American Flat-Rolled segment and other one-time items detailed in the reconciliation of adjusted net earnings table. The exclusion of stock-based compensation expense was not contemplated at the time of our March 16, 2023 guidance press release. This compa
Apr 13, 2023 08:33 am ET
United States Steel Corporation to Release First Quarter 2023 Financial Results on April 27, 2023; Invites Retail and Institutional Investors to Submit Questions
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the first quarter 2023 on Thursday, April 27, 2023, following the close of trading on the New York Stock Exchange. Interested stockholders, investors, and others may listen to the company’s webcast on Friday, April 28, 2023, at 8:30 a.m. ET. The webcast will discuss the first quarter 2023 financial results and provide a company update which may include forward-looking information.
Mar 23, 2023 11:31 am ET
U. S. Steel Introduces InduX™ Electrical Steel at Ceres Global
United States Steel Corporation (NYSE: X) today announced that its new electrical steel product, InduX™, will begin production at its Big River Steel facility in the summer of 2023 with the commissioning of its new non-grain oriented (NGO) electrical steel line.
Mar 20, 2023 02:14 pm ET
U. S. Steel Launches Podcast: Steel Stories by U. S. Steel
U. S. Steel has launched its first podcast series, Steel Stories by U. S. Steel, a thought-provoking look at the ever-changing world of steel, featuring interviews with industry experts and leaders with unique insights on events and developments shaping the future of steel and the shifting landscape of American manufacturing.
Mar 16, 2023 04:17 pm ET
United States Steel Corporation Provides First Quarter 2023 Guidance
United States Steel Corporation (NYSE: X) today provided first quarter 2023 guidance on adjusted EBITDA of approximately $375 million. First quarter 2023 adjusted net earnings per diluted share is expected to be in the range of $0.58 to $0.63.
Mar 13, 2023 10:12 am ET
United States Steel Corporation Named One of the World’s Most Ethical Companies® for 2023
United States Steel Corporation (NYSE: X) (“U. S. Steel”) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World’s Most Ethical Companies.
Mar 02, 2023 10:03 am ET
U. S. Steel and CarbonFree Ink MoU to Capture CO2 Emissions at One of the Largest Integrated Steel Mills in North America
United States Steel Corporation (NYSE: X) (“U. S. Steel”) and CarbonFree Chemicals Holdings, LLC (CarbonFree) have signed a non-binding Memorandum of Understanding (MoU) to jointly pursue the capture of CO2 emissions generated from U. S. Steel’s Gary Works manufacturing plant using CarbonFree’s SkyCycle™ technology. If a definitive agreement is reached, the project is expected to capture and mineralize up to 50,000 metric tons of CO2 per year, the equivalent to carbon emissions from
Feb 28, 2023 04:23 pm ET
Alicia J. Davis Elected to U. S. Steel Board of Directors
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that Alicia J. Davis has been elected to the Company’s Board of Directors, effective March 1, 2023.
Feb 14, 2023 10:58 am ET
U. S. Steel Announces Supply Agreement with General Motors for U.S.-Sourced Sustainable verdeX® Steel
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that it will supply General Motors (GM) with its advanced and sustainable steel solution called verdeX® steel. The steel is manufactured with up to 75 percent fewer emissions compared to traditional blast furnace production1, is made with up to 90 percent recycled content and is endlessly recyclable without degradation.
Feb 06, 2023 06:42 pm ET
United States Steel Corporation Announces Consent Solicitations With Respect to Big River Steel Debt Obligations
United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “Company”) and its subsidiaries, Big River Steel LLC and BRS Finance Corp. (together, “Big River Steel”), announced today the commencement of consent solicitations to holders of the outstanding notes and bonds listed in the table below:
Feb 02, 2023 04:26 pm ET
United States Steel Corporation Declares Dividend
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Tuesday, March 14, 2023, to stockholders of record at the close of business on Monday, February 13, 2023.
Feb 02, 2023 04:17 pm ET
U. S. Steel Delivering on Strategic Commitments; Reports Solid Fourth Quarter and Second-Best Earnings in 2022
United States Steel Corporation (NYSE: X) reported fourth quarter 2022 net earnings of $174 million, or $0.68 per diluted share. Adjusted net earnings was $226 million, or $0.87 per diluted share and excluded the impact of a one-time signing bonus related to the United Steelworkers labor agreement and other one-time items detailed in the reconciliation of adjusted net earnings table. This compares to fourth quarter 2021 net earnings of $1.07 billion, or $3.75 per diluted share. Adjusted net earnings for the fourth quarter 2021 was $1.43 billion, or $5.01 per diluted share.
Jan 20, 2023 08:03 am ET
United States Steel Corporation to Release Fourth Quarter and Full Year 2022 Financial Results on February 2, 2023; Invites Retail and Institutional Investors to Submit Questions
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the fourth quarter and full year 2022 on Thursday, February 2, 2023, following the close of trading on the New York Stock Exchange. Interested stockholders, investors, and others may listen to the company’s webcast on Friday, February 3, 2023, at 8:30 a.m. ET. The webcast will discuss the fourth quarter and full year 2022 financial results and provide a company update which may include forward-looking information.
Jan 12, 2023 01:12 pm ET
U. S. Steel Announces New Industry-Leading Warranty Policy for GALVALUME® Coated Steel Coils
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today a doubling of the standard limited warranty policy for GALVALUME® coated coils used in nonresidential and residential building construction. The new warranties provided to U. S. Steel customers will range from 40-60 years, a significant upgrade from the existing 20-25 year warranties.
Dec 22, 2022 10:01 am ET
United States Steel Corporation Appoints Two New Executives to Further Enhance Its Best for All® Strategy
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced the appointment of two new executive leaders, Christian Gianni as Senior Vice President & Chief Technology Officer (CTO) and John Gordon as Senior Vice President, Raw Materials & Sustainable Resources. Mr. Gianni and Mr. Gordon report directly to David B. Burritt, President and Chief Executive Officer, as members of the Company’s executive management team.
Dec 20, 2022 02:18 pm ET
U. S. Steel Announces Ratification of New Collective Bargaining Agreements by United Steelworkers
United States Steel Corporation (NYSE: X) today announced the ratification of new successor four-year collective bargaining agreements by the United Steelworkers (USW). These agreements cover approximately 11,000 USW- represented employees at the company’s domestic flat-rolled facilities, iron ore mining facilities and applicable tubular operations.
Dec 20, 2022 09:49 am ET
Thinking about buying stock in Athenex, Camber Energy, Mullen Automotive, Iamgold, or United States Steel?
NEW YORK, Dec. 20, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ATNX, CEI, MULN, IAG, and X.
Dec 15, 2022 04:26 pm ET
Andrea J. Ayers Elected to U. S. Steel Board of Directors
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that Andrea J. Ayers has been elected to the Company’s Board of Directors.
Dec 15, 2022 04:16 pm ET
United States Steel Corporation Provides Fourth Quarter 2022 Guidance
United States Steel Corporation (NYSE: X) today provided fourth quarter 2022 guidance. Fourth quarter 2022 adjusted EBITDA is expected to be approximately $375 million. Fourth quarter 2022 adjusted net earnings per diluted share is expected to be in the range of $0.58 to $0.63.
Nov 08, 2022 01:01 pm ET
U. S. Steel Reaches Tentative Agreement with United Steelworkers
United States Steel Corporation (NYSE: X) announced today that it has reached a tentative agreement with the United Steelworkers (USW) on a new four-year contract covering approximately 11,000 USW-represented employees at the company’s domestic flat-rolled facilities, iron ore mining facilities and applicable tubular operations. The tentative agreement remains subject to ratification.
Oct 31, 2022 02:30 pm ET
U. S. Steel Earns ISO 45001 Certification for Great Lakes Works, U. S. Steel Košice Ahead of Schedule
United States Steel Corporation (NYSE: X) (“U. S. Steel”) President and Chief Executive Officer David B. Burritt announced today that U. S. Steel has earned the International Organization for Standardization’s (ISO) 45001 certification for its Great Lakes Works and U. S. Steel Košice facilities, more than a year ahead of its commitment to achieve the latest global occupational health and safety accreditation. Burritt made the announcement during remarks at the ResponsibleSteel™ Forum III event in Memphis, Tennessee.
Oct 27, 2022 04:32 pm ET
United States Steel Corporation Declares Dividend
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Thursday, December 8, 2022, to stockholders of record at the close of business on Monday, November 7, 2022.
Oct 27, 2022 04:17 pm ET
United States Steel Corporation Reports Third Quarter 2022 Results
United States Steel Corporation (NYSE: X) reported third quarter 2022 net earnings of $490 million, or $1.85 per diluted share. Adjusted net earnings for the third quarter 2022 was $516 million, or $1.95 per diluted share and excluded the impact of restructuring and other one-time items detailed in the reconciliation of adjusted net earnings table. This compares to our all-time best record third quarter 2021 net earnings of $2,002 million, or $6.97 per diluted share. Adjusted net earnings for the third quarter 2021 was $1,638 million, or $5.70 per diluted share and excluded the i
Oct 19, 2022 08:03 am ET
United States Steel Corporation to Release Third Quarter 2022 Financial Results on October 27, 2022; Invites Retail and Institutional Investors to Submit Questions
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the third quarter 2022 on Thursday, October 27, 2022, following the close of trading on the New York Stock Exchange. Interested stockholders, investors, and others may listen to the company’s webcast on Friday, October 28, 2022, at 8:30 a.m. ET. The webcast will discuss the third quarter 2022 financial results and provide a company update which may include forward-looking information.
Oct 11, 2022 03:36 pm ET
United States Steel Corporation Named to Newsweek’s List of the Top 100 Most Loved Workplaces for 2022
United States Steel Corporation (NYSE: X) (“U. S. Steel”) was featured in Newsweek’s Most Loved Workplaces® list for the second year in a row, ranking 71st among the top 100 companies recognized for employee happiness and satisfaction at work in 2022.
Oct 05, 2022 04:54 pm ET
U. S. Steel Celebrates Advancement in Metallics Strategy with DR-Grade Pellet Capability at Keetac
United States Steel Corporation (NYSE: X) (“U. S. Steel”) leadership and employees were joined by Minnesota Governor Tim Walz, other elected officials, and key partners to celebrate the Company’s investment in direct reduced (DR)-grade pellet capabilities at its Minnesota Ore Operations Keetac plant today. The investment marks a step forward in U. S. Steel’s metallics strategy by supplying the increasingly tight DR-grade pellet market and provides the company with the flexibility to feed a potential future direct reduced iron (DRI) or hot briquetted iron (HBI) facility. DRI and HBI are importa
Sep 23, 2022 03:09 pm ET
U. S. Steel, Pittsburgh Penguins, Community Partners, Join Governor Tom Wolf to Break Ground for Braddock Carnegie Library Renovation
United States Steel Corporation (NYSE: X) (“U. S. Steel”) joined Pennsylvania Governor Tom Wolf and community partners including The Braddock Carnegie Library Association (BCLA) and the Pittsburgh Penguins today at a groundbreaking celebration for the Carnegie One Capital Campaign to renovate the Braddock Carnegie Library.
Sep 15, 2022 09:01 am ET
United States Steel Corporation Provides Third Quarter 2022 Guidance
United States Steel Corporation (NYSE: X) today provided third quarter 2022 guidance. Third quarter 2022 adjusted EBITDA is expected to be approximately $825 million. Third quarter 2022 adjusted net earnings per diluted share is expected to be in the range of $1.90 to $1.95.
Sep 07, 2022 06:23 pm ET
United States Steel Corporation Donates $1M to Osceola-Area Organizations
United States Steel Corporation (NYSE: X) (“U. S. Steel”), through its Big River Works facilities, today presented $1 million in donations to organizations in Osceola and Mississippi County, Arkansas, to help equip the community for the future by strengthening infrastructure and essential services.
Sep 06, 2022 09:03 am ET
U. S. Steel Enhances its Strong Balance Sheet with Sustainable Financing; Completes Successful Tender Process
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced the closing of $290 million unsecured Arkansas Development Finance Authority environmental improvement revenue bonds, which carry a green bond designation (the “Green Bonds”). Proceeds of the bonds will be used for “eligible Green Projects” within the meaning of the Green Bond Principles of The International Capital Market Association.
Aug 30, 2022 09:52 pm ET
United States Steel Corporation, Big River Steel LLC and BRS Finance Corp. Announce Early Tender Date Results of their Tender Offers to Purchase for Cash $300,000,000 Aggregate Principal Amount of Sec
United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “Company”) and its subsidiaries, Big River Steel LLC, a Delaware limited liability company, and BRS Finance Corp., a Delaware corporation (together, “Big River Steel,” and collectively with U. S. Steel, the “Offerors,” and each of U. S. Steel and Big River Steel individually, an “Offeror”), announced today the early results as of 5:00 p.m., New York City time, on August 30, 2022 (the “Early Tender Date”), of their previously announced tender offers to purchase (each, a “Tender Offer” and collectively, the “Tender Offers”) for cash
Aug 17, 2022 06:52 pm ET
United States Steel Corporation, Big River Steel LLC and BRS Finance Corp. Commence Tender Offers to Purchase for Cash $300,000,000 Aggregate Principal Amount of Securities
United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “Company”) and its subsidiaries, Big River Steel LLC, a Delaware limited liability company, and BRS Finance Corp., a Delaware corporation (together, “Big River Steel,” and collectively with U. S. Steel, the “Offerors,” and each of U. S. Steel and Big River Steel individually, an “Offeror”), announced today the commencement of tender offers to purchase (each offer a “Tender Offer” and collectively, the “Tender Offers”) for cash, subject to certain terms and conditions, up to a total of $300,000,000 aggregate principal amount (the “
Aug 16, 2022 09:07 am ET
U. S. Steel, Equinor and Shell to Explore Regional Clean Energy Opportunities
United States Steel Corporation (NYSE: X) (“U. S. Steel”) Equinor US Holdings Inc (NYSE: EQNR) (“Equinor”), and Shell US Gas & Power LLC (NYSE: SHEL) (“Shell”) have entered into a non-exclusive Cooperation Agreement to advance a collaborative clean energy hub in the Ohio, West Virginia, Pennsylvania region. The hub would focus on decarbonization opportunities that feature carbon capture utilization and storage (CCUS), as well as hydrogen production and utilization. The development of this hub, and its associated infrastructure, would generate new, sustainable jobs, stimulate economic growth, a
Aug 09, 2022 09:03 am ET
U. S. Steel Publishes 2022 Diversity, Equity and Inclusion Report
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today published its first-ever Diversity, Equity & Inclusion (DE&I) Report, which highlights its measurable progress and ongoing commitment to supporting diverse, equitable and inclusive workplaces across its global operations.
Aug 03, 2022 10:33 am ET
U. S. Steel Foundation Awards College Scholarships to Employees’ Children
United States Steel Corporation (NYSE: X) announced the awarding of college scholarships to 20 students across the country. All the recipients are children of U. S. Steel employees. The scholarships are funded by the United States Steel Foundation.
Jul 28, 2022 04:43 pm ET
United States Steel Corporation Declares Dividend
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Thursday, September 8, 2022, to stockholders of record at the close of business on Monday, August 8, 2022.
Jul 28, 2022 04:17 pm ET
United States Steel Corporation Reports Record Second Quarter 2022 Results
United States Steel Corporation (NYSE: X) reported second quarter 2022 net earnings of $978 million, or $3.42 per diluted share. Adjusted net earnings was $1,104 million, or $3.86 per diluted share. This compares to second quarter 2021 net earnings of $1,012 million, or $3.53 per diluted share. Adjusted net earnings for the second quarter 2021 was $1,050 million, or $3.67 per diluted share.
Jul 21, 2022 09:03 am ET
U. S. Steel Issues 2021 Sustainability Report Highlighting Continued Progress in Areas of Environmental, Social and Governance
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today issued its 2021 Sustainability Report highlighting its continued transformation and investments in sustainable and advanced steelmaking technologies, enhancing the Company’s competitive advantages.
Jul 20, 2022 11:34 am ET
United States Steel Corporation Scores 100 on 2022 Disability Equality Index
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it received the top score of 100 from the Disability Equality Index (DEI) and is among the “Best Places to Work for Disability Inclusion.” DEI is the premier benchmarking tool to help companies take measurable, tangible actions that achieve disability inclusion and equality.
Jul 20, 2022 08:15 am ET
United States Steel Corporation to Release Second Quarter 2022 Financial Results on July 28, 2022; Invites Retail and Institutional Investors to Submit Questions
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the second quarter 2022 on Thursday, July 28, 2022, following the close of trading on the New York Stock Exchange. Interested stockholders, investors, and others may listen to the company’s webcast on Friday, July 29, 2022, at 8:30 a.m. ET. The webcast will discuss the second quarter 2022 financial results and provide a company update which may include forward-looking information.
Jun 28, 2022 08:43 am ET
U. S. Steel Announces Update on Metallics Strategy
United States Steel Corporation (NYSE: X) ("U. S. Steel") announced today it would expand its low-cost iron ore competitive advantage and increase its self-sufficiency by supplying domestic feedstock to its growing fleet of electric arc furnaces (EAFs). The Company expects related improvements to its capital and carbon intensity and financial performance from anticipated future internal and external EAF demand.
Jun 28, 2022 12:01 am ET
Nextracker and BCI Steel Renovate Abandoned Pittsburgh Steel Factory to Serve Growing U.S. Utility-Scale Solar Market
This is Nextracker's third new factory, adding to the company's new Texas and Arizona factories announced in April and May, towards building 10 GW of annual domestic solar tracker capacity  
Jun 22, 2022 08:43 am ET
University of Illinois Receives $3.5 Million from the Department of Energy to Advance Air Capture and Storage Study at U. S. Steel’s Gary Works
The United States Department of Energy’s National Energy Technology Laboratory (DOE-NETL) has selected the University of Illinois Urbana-Champaign’s Prairie Research Institute (PRI) for an award of $3,459,554 for research and development to support a front-end engineering design (FEED) study on carbon dioxide (CO2) removal technologies. The study will fo
Jun 16, 2022 04:11 pm ET
United States Steel Corporation Provides Record Second Quarter 2022 Guidance
United States Steel Corporation (NYSE: X) today provided second quarter 2022 guidance. Second quarter 2022 adjusted EBITDA is expected to be approximately $1.6 billion, a new all-time best second quarter performance. Second quarter 2022 adjusted net earnings per diluted share is expected to be in the range of $3.83 to $3.88.
Jun 14, 2022 07:28 am ET
United States Steel Corporation Names Jessica Graziano as Senior Vice President and Chief Financial Officer
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today the appointment of Jessica T. Graziano as Senior Vice President and Chief Financial Officer, effective August 8, 2022. Ms. Graziano will report directly to David B. Burritt, President and Chief Executive Officer, and have responsibility for all aspects of finance, including financial planning and analysis, corporate accounting, tax, treasury, pension investments and investor relations. She will also be instrumental in advancing the company’s Best for All® strategy of providing profitable steel solutions for pe
Jun 01, 2022 08:43 am ET
U. S. Steel Extends Sustainability-Linked ABL Credit Facility
United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “company”) today announced that it has completed an amendment and restatement of the company’s $1.75 billion asset-based sustainability-linked credit facility (the “ABL”).
May 26, 2022 05:19 pm ET
U. S. Steel Celebrates Investment in America with Strategic Pig Iron Caster at Gary Works
United States Steel Corporation (NYSE: X) (“U. S. Steel”) employees joined United Steelworkers (USW) leadership, key partners, and elected officials to celebrate the Company’s investment in a pig iron caster at its Gary Works facility. The installation of the pig iron caster is a key part of U. S. Steel’s metallics strategy, capitalizing on its iron ore advantage.
May 10, 2022 12:05 pm ET
U. S. Steel, Pittsburgh Penguins Team Up in Support of Braddock Carnegie Library
United States Steel Corporation (NYSE: X) (“U. S. Steel”) and the Pittsburgh Penguins announced today that Penguin’s alumni and Hockey Hall of Famer Bryan Trottier and David B. Burritt, President & CEO of U. S. Steel, will serve as Honorary Co-Chairs of an $18 million capital campaign to renovate the Braddock Carnegie Library. The historic institution launched the campaign in support of a major building renovation.
Apr 28, 2022 04:46 pm ET
United States Steel Corporation Declares Dividend
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday, June 8, 2022, to stockholders of record at the close of business on Monday, May 9, 2022.
Apr 28, 2022 04:40 pm ET
United States Steel Corporation Reports Record First Quarter 2022 Results
United States Steel Corporation (NYSE: X) reported first quarter 2022 net earnings of $882 million, or $3.02 per diluted share. Adjusted net earnings was $891 million, or $3.05 per diluted share. This compares to first quarter 2021 net earnings of $91 million, or $0.35 per diluted share. Adjusted net earnings for the first quarter 2021 was $283 million, or $1.08 per diluted share.
Apr 20, 2022 04:17 pm ET
United States Steel Corporation to Release First Quarter 2022 Financial Results on April 28, 2022; Announces New Q&A Platform for Stockholders
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the first quarter 2022 on Thursday, April 28, 2022, following the close of trading on the New York Stock Exchange. Interested stockholders, investors, and others may listen to the company’s webcast on Friday, April 29, 2022, at 8:30 a.m. ET. The webcast will discuss the first quarter 2022 financial results and provide a company update which may include forward-looking information.
Apr 04, 2022 08:33 am ET
ResponsibleSteel™ Awards its First-Ever Site Certification in North America to U. S. Steel’s Big River Steel
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that it that its Big River Steel mill in Osceola, Arkansas has achieved the first-ever ResponsibleSteel™ site certification in North America.
Mar 17, 2022 04:16 pm ET
United States Steel Corporation Provides First Quarter 2022 Guidance
United States Steel Corporation (NYSE: X) today provided first quarter 2022 guidance. First quarter 2022 adjusted EBITDA is expected to be approximately $1.3 billion, a new all-time record for the first quarter. First quarter 2022 adjusted diluted earnings per share is expected to be in the range of $2.96 to $3.00.
Mar 15, 2022 10:17 am ET
U. S. Steel Named One of the World’s Most Ethical Companies for 2022
United States Steel Corporation (NYSE: X) (“U. S. Steel”) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2022 World’s Most Ethical Companies.
Feb 28, 2022 06:45 am ET
U. S. Steel Advances Metallics Strategy with Pig Iron Investment at Gary Works
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it is advancing its metallics strategy by insourcing pig iron capabilities at Gary Works. The approximately $60 million investment will produce up to 500,000 tons of pig iron annually and provide a critical raw material input for its electric arc furnaces (EAF). Once complete, the Gary pig iron production is expected to provide nearly 50% of Big River Steel’s other ore-based metallics needs, contribute over $30 million of run-rate enterprise EBITDA benefits and deliver an internal rate of return in excess of 30%.
Feb 22, 2022 04:07 pm ET
Terry L. Dunlap Elected to U. S. Steel Board of Directors
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that Terry L. Dunlap has been elected to the company’s Board of Directors.
Feb 15, 2022 05:17 pm ET
U. S. Steel Announces Management Change
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that Christine S. Breves, Senior Vice President & Chief Financial Officer, has informed the company of her intention to leave the company in 2022, after nine years of service with the company. Ms. Breves will continue to serve as Chief Financial Officer while the company conducts a search for a permanent replacement.
Feb 09, 2022 08:00 am ET
United States Steel Corporation Breaks Ground on the Most Technologically Advanced Steel Mill in North America
United States Steel Corporation (NYSE: X) (“U. S. Steel”) broke ground in Osceola, Arkansas on the company’s next-generation highly sustainable and technologically advanced steel mill. The $3 billion steelmaking facility will be the most advanced in North America and largest private project in the history of Arkansas.
Feb 07, 2022 10:05 am ET
Thinking about buying stock in Snap, Hertz Global, NortonLifeLock, United States Steel, or Astra Space?
NEW YORK, Feb. 7, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SNAP, HTZ, NLOK, X, and ASTR.
Feb 03, 2022 10:28 am ET
Leading Companies Launch Initiative to Support Low-Carbon and Hydrogen Industrial Hub in Ohio, Pennsylvania and West Virginia
EQT Corporation, Equinor, GE Gas Power, Marathon Petroleum (including its affiliate MPLX), Mitsubishi Power, Shell Polymers and U. S. Steel have formed a new alliance that will play an important leadership role in decarbonizing the industrial base in the Northern Appalachian Region of the United States.
Feb 02, 2022 10:03 am ET
U. S. Steel Three-peats Top Score on Human Rights Campaign Foundation’s 2022 Equality Index
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that it received a perfect score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. This is the third year in a row that U. S. Steel has earned the Best Places to Work for LGBTQ+ Equality designation with a perfect score. U. S. Steel was one of only two metals and mining companies to receive a perfect score for 2022.
Feb 01, 2022 09:01 am ET
U. S. Steel Names Daniel R. Brown Senior Vice President of Advanced Technology Steelmaking and Chief Operating Officer of Big River Steel Works
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that Daniel (Dan) R. Brown has been named Senior Vice President of Advanced Technology Steelmaking and Chief Operating Officer of Big River Steel Works. In this role he will be responsible for flat roll steel production currently in place and planned in Arkansas utilizing Electric Arc Furnaces (EAF), Endless Strip Production (ESP), electrical steel and advanced finishing facilities.
Jan 31, 2022 10:00 am ET
Thinking about buying stock in Inspira Technologies, Nio, United States Steel, or Seanergy Maritime?
NEW YORK, Jan. 31, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for IINN, NIO, NOK, X, and SHIP.
Jan 28, 2022 09:50 am ET
Thinking about buying stock in Nio, Exela Technologies, Farmmi, United States Steel, or Chevron?
NEW YORK, Jan. 28, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NIO, XELA, FAMI, X, and CVX.
Jan 27, 2022 04:22 pm ET
United States Steel Corporation Declares Dividend
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Tuesday, March 8, 2022 to stockholders of record at the close of business on Monday, February 7, 2022.
Jan 27, 2022 04:17 pm ET
United States Steel Corporation Reports Fourth Quarter and Full-Year 2021 Results
United States Steel Corporation (NYSE: X) reported fourth quarter 2021 net earnings of $1.069 billion, or $3.75 per diluted share. Adjusted net earnings was $1.038 billion, or $3.64 per diluted share. This compares to fourth quarter 2020 net earnings of $49 million, or $0.22 per diluted share. Adjusted net loss for the fourth quarter 2020 was $60 million, or $0.27 per diluted share.
Jan 26, 2022 10:07 am ET
United States Steel Corporation Announces Strategic Investment in Carnegie Foundry to Accelerate Advanced Robotics and Autonomy Capabilities
United States Steel, (NYSE: X) (“U. S. Steel”) a leading steel producer and Carnegie Foundry, a leading robotics and AI studio – today jointly announced a strategic investment and partnership. The two Pittsburgh based companies will work to accelerate and scale industrial automation driven by advanced robotics and AI.
Jan 13, 2022 10:31 am ET
United States Steel Corporation to Release Fourth Quarter and Full Year 2021 Financial Results on January 27, 2022
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the fourth quarter and full year 2021 on Thursday, January 27, 2022 following the close of trading on the New York Stock Exchange. Interested stockholders, investors, and others may listen to the company’s webcast on Friday, January 28, 2022 at 8:30 a.m. EST. The webcast will discuss the fourth quarter and full year 2021 financial results and provide a company update which may include forward-looking information.
Jan 11, 2022 04:27 pm ET
U. S. Steel Selects Osceola, Arkansas as Location for Most Advanced Steelmaking Facility in North America
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that its next-generation highly sustainable and technologically advanced steel mill will be located in Osceola, Arkansas, close to U. S. Steel’s cutting-edge Big River Steel plant. The facility is engineered to bring together the most advanced technology to create the steel mill of the future that delivers profitable solutions for our customers.
Jan 05, 2022 09:55 am ET
Thinking about buying stock in Farmmi, Zosano Pharma, Hoth Therapeutics, Reliance Global, or United States Steel?
NEW YORK, Jan. 5, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for FAMI, ZSAN, HOTH, RELI, and X.
Dec 21, 2021 09:25 am ET
Bald Eagle Camera at U. S. Steel Irvin Plant Goes Live
For the past three years, a family of bald eagles has been thriving on property at U. S. Steel’s Mon Valley Works Irvin Plant in West Mifflin, Pennsylvania. Today, we are happy to share the beauty of these majestic birds with the community. The Pennsylvania Game Commission has granted U. S. Steel permission to install a live camera that will safely capture video of the birds. This is believed to be the first such camera at a steel plant and only the third camera of its kind in Pennsylvania.
Dec 16, 2021 04:17 pm ET
United States Steel Corporation Provides Fourth Quarter 2021 Guidance and Business Updates
United States Steel Corporation (NYSE: X) today provided fourth quarter 2021 guidance. Fourth quarter 2021 adjusted EBITDA is expected to be approximately $1.65 billion.
Dec 09, 2021 06:00 am ET
U. S. Steel, Norfolk Southern, and Greenbrier Collaborate on New, Sustainable High-Strength Steel Railcar
Three of America's leading industrial and transportation companies – United States Steel Corporation (NYSE: X), Norfolk Southern Corporation (NYSE: NSC) and The Greenbrier Companies, Inc. (NYSE: GBX) – today jointly announced a new, more sustainable steel gondola railcar. Using an innovative formula for high-strength, lighter-weight steel developed by U. S. Steel, each gondola’s unloaded weight is reduced by up to 15,000 pounds. Gondola railcars transport loose bulk material such as metal scraps, coils, wood chips, steel slabs, and ore. Norfolk Southern will initially acquire 800 of the Greenb
Dec 09, 2021 05:00 am ET
U. S. Steel, Norfolk Southern and Greenbrier collaborate on new, sustainable high-strength steel railcar
LAKE OSWEGO, Ore., Dec. 9, 2021 /PRNewswire/ -- Three of America's leading industrial and transportation companies – United States Steel Corporation (NYSE: X), Norfolk Southern Corporation (NYSE: NSC) and The Greenbrier Companies, Inc. (NYSE: GBX) – today jointly announced a new, more sustainable steel gondola railcar. Using an innovative formula for high-strength, lighter-weight steel developed by U. S. Steel, each gondola's unloaded weight is reduced by up to 15,000 pounds. Gondola railcars transport loose bulk material such as metal scraps, coils, wood chips, steel slabs and ore. Norfolk
Nov 11, 2021 04:26 pm ET
United States Steel Corporation Further Strengthens Balance Sheet by Permanently De-Risking a Portion of its Pension Plan
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced it has purchased group annuity contracts from Banner Life Insurance Company and William Penn Life Insurance Company of New York (both subsidiaries of Legal & General America, Inc. and, together, referred to as “Legal & General”) to transfer approximately $284 million of the Company’s pension plan obligations to Legal & General. The purchase of the group annuity contracts will be funded directly by the assets of the pension plan.
Nov 01, 2021 09:31 am ET
Thinking about buying stock in Volta, FuelCell Energy, Artelo Biosciences, United States Steel, or US Well Services?
NEW YORK, Nov. 1, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for VLTA, FCEL, ARTL, X, and USWS.
Oct 28, 2021 04:19 pm ET
United States Steel Corporation Reports Record Third Quarter 2021 Results
United States Steel Corporation (NYSE: X) reported third quarter 2021 net earnings of $2.002 billion, or $6.97 per diluted share. Adjusted net earnings was $1.543 billion, or $5.36 per diluted share. This compares to third quarter 2020 net loss of $234 million, or $1.06 per diluted share. Adjusted net loss for third quarter 2020 was $268 million, or $1.21 per diluted share.
Oct 28, 2021 04:17 pm ET
United States Steel Corporation Announces a $300 Million Stock Repurchase Program and Increases Its Quarterly Dividend to $0.05 Per Share
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that its Board of Directors approved significant enhancements to its capital allocation priorities aligned with the continued execution of its Best for All℠ strategy. The enhancements include:
Oct 22, 2021 01:34 pm ET
United States Steel Corporation Named to Newsweek’s List of the Most Loved Workplaces for 2021
United States Steel Corporation (NYSE: X) (“U. S. Steel”) was featured today in Newsweek’s Most Loved Workplaces list for 2021, ranking 43rd among the top 100 companies recognized for employee happiness and satisfaction at work.
Oct 18, 2021 11:00 am ET
Thinking about trading options or stock in United States Steel, AT&T, Exxon Mobil, Carnival Corp, or Futu Holdings?
NEW YORK, Oct. 18, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for X, T, XOM, CCL, and FUTU.
Oct 14, 2021 11:00 am ET
Thinking about buying stock in NRX Pharmaceuticals, Teligent, BioXcel Therapeutics, FuelCell Energy, or United States Steel?
NEW YORK, Oct. 14, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NRXP, TLGT, BTAI, FCEL, and X.
Oct 12, 2021 08:16 am ET
United States Steel Corporation to Release Third Quarter 2021 Financial Results on October 28, 2021
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the third quarter 2021 on Thursday, October 28, 2021 following the close of trading on the New York Stock Exchange. Interested stockholders, investors, and others may listen to the company’s webcast on Friday, October 29, 2021 at 8:30 a.m. EDT. The webcast will discuss the third quarter 2021 financial results and provide a company update which may include forward-looking information.
Sep 21, 2021 10:50 am ET
Thinking about buying stock in Camber Energy, Helbiz, Farmmi, Quantumscape, or United States Steel?
NEW YORK, Sept. 21, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CEI, HLBZ, FAMI, QS, and X.
Sep 17, 2021 10:40 am ET
Thinking about buying stock in Farmmi, United States Steel, Vale, NextEra Energy, or Cisco Systems?
NEW YORK, Sept. 17, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for FAMI, X, VALE, NEE, and CSCO.
Sep 16, 2021 04:34 pm ET
United States Steel Corporation Provides Third Quarter 2021 Guidance and Deleveraging Update
United States Steel Corporation (NYSE: X) today provided third quarter 2021 guidance. Third quarter 2021 adjusted EBITDA is expected to be approximately $2.0 billion. This compares to second quarter 2021 adjusted EBITDA of approximately $1.3 billion.
Sep 16, 2021 04:32 pm ET
United States Steel Corporation Announces a Site Selection Process to Expand its Mini Mill Steelmaking Advantage
United States Steel Corporation (NYSE: X) today announced, as part of the continued transition to its Best for All℠ strategy, an exploratory site selection process to build a new state-of-the-art mini mill in the United States. The U. S. Steel Board of Directors has authorized an exploratory site selection process to build capability with a new, three-million-ton mini mill flat-rolled facility to be constructed in the United States. The planned mini mill will combine two state-of-the-art electric arc furnaces (EAF) with differentiated steelmaking and finishing technology, including purchased e
Aug 11, 2021 10:55 am ET
Thinking about buying stock in Dyadic Int, Seanergy Maritime, Cleveland-Cliffs, United States Steel, or Lightning Emotors?
NEW YORK, Aug. 11, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DYAI, SHIP, CLF, X, and ZEV.
Aug 09, 2021 08:00 am ET
International Paper Announces Spinoff Name, Board of Directors
MEMPHIS, Tenn., Aug. 9, 2021 /PRNewswire/ -- International Paper (NYSE: IP) is proud to announce Sylvamo Corporation as the name of its global papers spinoff, with headquarters planned for Memphis, Tennessee.
Jul 29, 2021 04:47 pm ET
United States Steel Corporation Declares Dividend
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that its Board of Directors declared a dividend of $0.01 per share of U. S. Steel Common Stock. The dividend is payable on Thursday, September 9, 2021 to stockholders of record at the close of business on Monday, August 9, 2021.
Jul 29, 2021 04:17 pm ET
United States Steel Corporation Reports Second Quarter 2021 Results
United States Steel Corporation (NYSE: X) reported second quarter 2021 net earnings of $1,012 million, or $3.53 per diluted share. Adjusted net earnings was $964 million, or $3.37 per diluted share. This compares to second quarter 2020 net loss of $589 million, or $3.36 per diluted share. Adjusted net loss for second quarter 2020 was $469 million, or $2.67 per diluted share.
Jul 23, 2021 04:23 pm ET
U. S. Steel Adds Sustainability Performance Targets to Credit Facilities to Support Best for All℠ Strategy
United States Steel Corporation (NYSE: X) (“U. S. Steel” or “company”) today announced changes to two asset-based credit facilities that reward performance for meeting sustainability targets. This is part of the ongoing execution of the company’s Best for All℠ strategy of creating profitable solutions for sustainable steelmaking.
Jul 15, 2021 04:17 pm ET
United States Steel Corporation to Release Second Quarter 2021 Financial Results on July 29, 2021
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the second quarter 2021 on Thursday, July 29, 2021 following the close of trading on the New York Stock Exchange. Interested stockholders, investors, and others may listen to the company’s webcast on Friday, July 30, 2021 at 8:30 a.m. EDT. The webcast will discuss the second quarter 2021 financial results and provide a company update which may include forward-looking information.
Jul 06, 2021 02:30 pm ET
U. S. Steel Foundation Awards College Scholarships to Employees’ Sons & Daughters
United States Steel Corporation (NYSE: X) announced the awarding of college scholarships to twenty students across the country. All the recipients are children of U. S. Steel employees. The scholarships are funded by the United States Steel Foundation.
Jun 29, 2021 02:50 pm ET
U. S. Steel to Work with Equinor to Assess Hydrogen, Carbon Capture and Storage Development
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced execution of a non-exclusive Memorandum of Understanding (“MOU”) with Equinor US Holdings Inc., an affiliate of Equinor ASA (NYSE: EQNR). Under the MOU, the companies will study the potential for carbon capture and storage (“CCS”) and hydrogen development in the tri-state region of Ohio, Pennsylvania, and West Virginia.
Jun 22, 2021 10:45 am ET
Thinking about trading options or stock in AT&T, United States Steel, Roku, Fubotv, or American Express?
NEW YORK, June 22, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for T, X, ROKU, FUBO, and AXP.
Jun 21, 2021 10:55 am ET
Thinking about trading options or stock in Raven Industries, Citigroup, United States Steel, NVIDIA, or Morgan Stanley?
NEW YORK, June 21, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for RAVN, C, X, NVDA, and MS.
Jun 17, 2021 04:16 pm ET
United States Steel Corporation Provides Second Quarter 2021 Guidance
United States Steel Corporation (NYSE: X) today provided second quarter 2021 guidance. Second quarter 2021 adjusted EBITDA is expected to be approximately $1.2 billion. Second quarter 2021 adjusted net income is expected to be approximately $880 million and excludes impacts primarily related to certain restructuring and asset impairment charges. The Company expects second quarter 2021 adjusted diluted earnings per share to be approximately $3.08.
Jun 17, 2021 07:31 am ET
United States Steel Corporation Announces Redemption of 6.875% Senior Notes Due 2025
United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) announced today that it issued a notice of redemption to redeem the entirety of its approximately $718 million aggregate principal amount of outstanding 6.875% Senior Notes due 2025 (the “Notes”). Pursuant to the terms of the Notes and the indenture governing the Notes, U. S. Steel expects the total payment to holders of the Notes including the principal and redemption premium to be approximately $730 million (reflecting a redemption price of 101.719% of the aggregate principal amount thereof in accordance with the term
Jun 16, 2021 04:50 pm ET
United States Steel Corporation Releases 2020 Sustainability Report
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced the release of its 2020 Sustainability Report, entitled “Doing What’s Best for Our Most Demanding Customer,” to update st
Jun 08, 2021 07:59 am ET
U. S. Steel Announces Sale of Transtar, LLC to Fortress Transportation and Infrastructure Investors LLC for $640 Million
United States Steel Corporation (NYSE: X) (“U. S. Steel” or the "Company") announced today that it has agreed to sell Transtar, LLC to an affiliate of Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) (“FTAI”) for $640 Million. The transaction is expected to close in the third quarter of 2021, subject to customary closing conditions including receipt of certain regulatory approvals.
Apr 29, 2021 04:45 pm ET
United States Steel Corporation Declares Dividend
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.01 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday, June 9, 2021 to stockholders of record at the close of business on Monday, May 10, 2021.
Apr 29, 2021 04:20 pm ET
United States Steel Corporation Reports First Quarter 2021 Results
United States Steel Corporation (NYSE: X) reported first quarter 2021 net earnings of $91 million, or $0.35 per diluted share. Adjusted net earnings was $283 million, or $1.08 per diluted share. This compares to first quarter 2020 net loss of $391 million, or $2.30 per diluted share. Adjusted net loss for first quarter 2020 was $123 million, or $0.73 per diluted share.
Apr 22, 2021 08:30 am ET
United States Steel Corporation is First North American Steel Producer to Join ResponsibleSteelTM
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced its membership in ResponsibleSteelTM, a global not-for-profit forum for all members of the steel supply chain and civil society organizations to work together to promote steel’s contribution to a sustainable future.
Apr 21, 2021 08:30 am ET
United States Steel Corporation Announces Goal to Achieve Carbon Neutrality by 2050
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today expanded its transformational commitment to sustainability by setting an ambitious goal targeting net-zero carbon emissions by 2050.
Apr 12, 2021 08:30 am ET
United States Steel Corporation to Release First Quarter 2021 Financial Results on April 29, 2021
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the first quarter 2021 on Thursday, April 29, 2021 following the close of trading on the New York Stock Exchange. Interested stockholders, investors, and others may listen to the company’s webcast on Friday, April 30, 2021 at 8:30 a.m. EDT. The webcast will discuss the first quarter 2021 financial results and provide a company update which may include forward-looking information.
Mar 26, 2021 02:06 pm ET
Pittsburgh Penguins, Penguins Foundation and U. S. Steel Announce Partnership and Commitments to the Community
The Pittsburgh Penguins, the Penguins Foundation, and U. S. Steel announced an official multi-year partnership today, focusing on the betterment and growth of our communities.
Mar 24, 2021 12:24 pm ET
U. S. Steel Confirms Major Near-Term Expansion of Sustainability Commitments at Ceres 2021
United States Steel Corporation (NYSE: X) today announced its enhanced commitment to sustainable practices and the 2021 introduction of a new sustainable steel product line, verdeX™. These commitments were confirmed during the company’s leadership presence on the sustainable steel panel of the Ceres Conference 2021: Transform Tomorrow Today.
Mar 15, 2021 04:08 pm ET
U. S. Steel Congratulates Eugene B. Sperling on His Appointment to Biden Administration
United States Steel Corporation (NYSE: X) congratulated Eugene B. Sperling for his appointment to the Biden Administration, and thanked him for his contributions as a member of the company’s Board of Directors.
Mar 14, 2021 05:00 pm ET
United States Steel Corporation Issues Revision to First Quarter 2021 Guidance
United States Steel Corporation (NYSE: X) today provided a revision to the first quarter 2021 guidance provided on March 12, 2021. Expected first quarter 2021 adjusted EBITDA is unchanged at approximately $540 million and excludes impacts related to acquiring the remaining stake in Big River Steel. First quarter 2021 adjusted net earnings has been recalculated and is expected to be approximately $265 million and excludes impacts related to acquiring the remaining stake in Big River Steel as well as impacts from non-recurring refinancing costs related to balance sheet enhancements executed in t
Mar 12, 2021 04:33 pm ET
United States Steel Corporation Provides First Quarter 2021 Guidance
United States Steel Corporation (NYSE: X) today provided first quarter 2021 guidance. First quarter 2021 adjusted EBITDA is expected to be approximately $540 million and excludes impacts related to acquiring the remaining stake in Big River Steel. First quarter 2021 adjusted net income is expected to be approximately $160 million and excludes impacts related to acquiring the remaining stake in Big River Steel as well as impacts from non-recurring refinancing costs related to balance sheet enhancements executed in the quarter. The Company expects first quarter 2021 adjusted diluted earnings per
Mar 04, 2021 08:00 am ET
U. S. Steel Secures NanoSteel® Patents to Expand Capabilities of World Class Advanced High-Strength Steel Offerings
United States Steel Corporation (NYSE: X) today announced the acquisition of the flat rolled sheet patents and trademarks of The NanoSteel Company, Inc. as part of U. S. Steel’s ongoing commitment to offer customers the world’s best selection of advanced high-strength steels, which now includes the most formable high-strength steel available anywhere.
Feb 17, 2021 08:31 am ET
Thinking about trading options or stock in Walmart, Charles Schwab, United States Steel, United Airlines, or Wells Fargo?
NEW YORK, Feb. 17, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for WMT, SCHW, X, UAL, and WFC.
Feb 17, 2021 07:58 am ET
United States Steel Corporation Announces Exercise in Full of Underwriter's Option to Purchase Additional Common Shares
United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) announced today that, in connection with its recently completed offering of 42,000,000 shares of common stock at a price to the public of $16.3733 per share, the underwriter has exercised in full its option to purchase 6,300,000 additional shares of common stock (the "Additional Shares").
Feb 16, 2021 10:00 am ET
U. S. Steel Commits to Disability Inclusion by Joining the Valuable 500
Of the announcement, U. S. Steel President and Chief Executive Officer David B. Burritt said, “U. S. Steel is committed to fostering a highly inclusive and diverse workplace with our Culture of Caring. We are pleased to join The Valuable 500 and further integrate disability inclusion into our business with the help of our SteelABILITY Employee Resource Group, dedicated to employees with disabilities and those who serve as caregivers for people with disabilities. We look forward to engaging with this resource as we work to attract, develop and retain a world-class workforce.”
Feb 12, 2021 10:52 am ET
United States Steel Corporation Earns Highest Rating on Corporate Equality Index
United States Steel Corporation (NYSE: X) earned the highest possible rating on the Human Rights Campaign Foundation’s 2021 Corporate Equality Index (CEI), a national benchmarking survey and report measuring LGBTQ workplace equality. This has also earned the company the Best Place to Work for LGBTQ Equality designation for the
Feb 08, 2021 05:13 pm ET
United States Steel Corporation Announces Pricing of Upsized Senior Notes Offering
United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) today announced the pricing of its upsized $750 million aggregate principal amount of 6.875% senior notes due 2029 (the “Notes”). The size of the offering was upsized from $500 million to $750 million aggregate principal amount of Notes. The Notes will be issued at a price equal to 100% of their face value. The Notes will pay interest semi-annually in arrears on March 1 and September 1 of each year beginning on September 1, 2021, and will mature on March 1, 2029, unless earlier redeemed or repurchased. The offering is e
Feb 08, 2021 07:41 am ET
United States Steel Corporation Announces Senior Notes Offering
United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) today announced its intention to offer, subject to market and other conditions, $500 million aggregate principal amount of senior notes due 2029 (the “Notes”).
Feb 02, 2021 10:27 pm ET
United States Steel Corporation Announces Pricing of Upsized Common Stock Offering
United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) announced today the pricing of its upsized underwritten public offering of 42,000,000 shares of common stock, for gross proceeds of approximately $699 million. The size of the offering was upsized from 40,000,000 shares to 42,000,000 shares. The company has granted the underwriter a 30-day option to purchase up to 6,300,000 additional shares of common stock from the company. The offering is expected to close on or about February 5, 2021, subject to customary closing conditions.
Feb 02, 2021 04:24 pm ET
United States Steel Corporation Announces Common Stock Offering
United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) announced today that it has commenced an underwritten public offering of 40,000,000 shares of common stock. U. S. Steel intends to grant the underwriter a 30-day option to purchase up to 6,000,000 additional shares of common stock from the company.
Jan 28, 2021 05:15 pm ET
United States Steel Corporation Declares Dividend
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.01 per share of U. S. Steel Common Stock. The dividend is payable on Tuesday, March 9, 2021 to stockholders of record at the close of business on Monday, February 8, 2021.
Jan 28, 2021 05:09 pm ET
United States Steel Corporation Reports Fourth Quarter and Full-Year 2020 Results
United States Steel Corporation (NYSE: X) reported fourth quarter 2020 net earnings of $49 million, or $0.22 per diluted share. Adjusted net loss was $60 million, or $0.27 per diluted share. This compares to fourth quarter 2019 net loss of $668 million, or $3.93 per diluted share. Adjusted net loss for the fourth quarter 2019 was $109 million, or $0.64 per diluted share.
Jan 27, 2021 11:08 am ET
U. S. Steel Names Scott Dorn Interim Head of Tubular Solutions
Today, United States Steel Corporation (NYSE: X) President and Chief Executive Officer David B. Burritt announced the appointment of Scott M. Dorn as Interim Head of Tubular Solutions. Dorn assumes responsibility for all aspects of the Tubular business from Douglas R. Matthews, Senior Vice President Tubular Solutions, who will retire in January.
Jan 20, 2021 07:00 am ET
TuSimple Announces Executive Advisory Board Consisting of Industry and Regulatory Experts
SAN DIEGO, Jan. 20, 2021 /PRNewswire/ -- TuSimple, a global self-driving technology company, announced today the members of its newly established Executive Advisory Board including Jeff Denham, Eric Fuller, Steve Girsky, Jim Kolbe, Derek Leathers, Mark Rourke, and Jean-Jacques Ruest. TuSimple's Executive Advisory Board will provide strategic advice to the company and its senior management team to accelerate the adoption of autonomous long-haul freight in areas including regulation, technology, freight logistics, and leadership.
Jan 15, 2021 02:30 pm ET
United States Steel Corporation Completes Big River Steel Acquisition
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today it closed its acquisition of the remaining equity of Big River Steel (“Big River Steel”) for approximately $774 million from cash on hand. The transaction met customary closing conditions, including antitrust approval from the United States Department of Justice.
Jan 13, 2021 04:15 pm ET
U. S. Steel Conference Call Available on Company Website
United States Steel Corporation (NYSE: X) announced today that interested stockholders, investors, and others may listen to the company’s fourth quarter and full year 2020 conference call with securities analysts on Friday, January 29 at 8:30 a.m. EST. The call, which will be available via the U. S. Steel website, will cover fourth quarter and full year 2020 financial results and may include forward-looking information. The company plans to release its fourth quarter and full year 2020 financial results following the close of trading on the New York Stock Exchange on Thursday, January 28, 2021
Jan 12, 2021 04:00 pm ET
Study: 2020 Local Ambient Air Pollution Concentrations Fell Sharply as Vehicle Traffic Shrank & Clairton Plant Operations Held Steady
A study analyzing area traffic and ambient air quality data from an air quality monitoring station near U. S. Steel’s Mon Valley Works found that there was a 40% decrease in particulate matter (PM2.5) ambient air concentrations when comparing readings from before and after the COVID-19 stay-at-home order in Spring 2020.
Dec 23, 2020 06:05 pm ET
United States Steel Corporation Sells $160 Million Keystone Industrial Port Complex
United States Steel Corporation (NYSE: X) today announced it has closed on the sale of its non-core real estate asset, the Keystone Industrial Port Complex (KIPC), in Fairless Hills, Pennsylvania. Under the terms of the sale, the Company received approximately $160 million in cash.
Dec 17, 2020 04:20 pm ET
United States Steel Corporation Provides Fourth Quarter 2020 Guidance
United States Steel Corporation (NYSE: X) today provided fourth quarter 2020 guidance. Fourth quarter 2020 adjusted EBITDA is expected to be approximately $55 million. The Company expects fourth quarter 2020 adjusted diluted loss per share to be approximately ($0.85).
Dec 08, 2020 06:49 am ET
United States Steel Corporation to Acquire Remaining Equity Of Big River Steel
United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today it has exercised its call option to acquire the remaining equity of Big River Steel (“Big River Steel”) for approximately $774 million from cash on hand. The company ended November with approximately $2.9 billion of liquidity, including over $1.7 billion of cash. The transaction is expected to be immediately accretive to earnings with the potential for significant synergies to further support long-term value creation. The transaction is subject to satisfaction of customary closing conditions, including antitrust approval
Nov 24, 2020 04:17 pm ET
U. S. Steel Closes on Green Bonds to Finance Low-Emission, Low-Carbon Electric Arc Furnace in Alabama
United States Steel Corporation (NYSE: X) today announced the closing of $63.4 million of Environmental Improvement Revenue Bonds with a green bond designation. The company will use proceeds from the green bonds to partially fund work related to its new environmentally preferred, low-emission electric arc furnace at U. S. Steel’s Fairfield Works.
Oct 29, 2020 04:20 pm ET
United States Steel Corporation Declares Dividend
United States Steel Corporation (NYSE: X) announced today that its Board of Directors declared a dividend of $0.01 per share on U. S. Steel Common Stock. The dividend is payable Thursday, December 10, 2020 to stockholders of record at the close of business Monday, November 9, 2020.

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