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Newsroom Type: Press Release YEAR: 2021 | June 17, 2021
PITTSBURGH--(BUSINESS WIRE)-- 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...
Newsroom Type: Press Release YEAR: 2021 | June 16, 2021
“Balancing human progress and the health of our planet is the challenge of our lifetimes, and for energy- and resource-intensive industries like steelmaking, it’s a complex and daunting proposition. But U. S. Steel has never backed down from a big challenge. We are forging a bold path forward to achieve that critical balance by producing steel in ways that are Best for All ℠ – customers,...
Newsroom Type: Press Release YEAR: 2021 | June 08, 2021
U. S. Steel Announces Sale of Transtar, LLC to Fortress Transportation and Infrastructure Investors LLC for $640 Million
PITTSBURGH--(BUSINESS WIRE)-- 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...
Newsroom Type: In The News YEAR: 2021 | April 30, 2021
For 120 years, U. S. Steel has been intertwined with the development and evolution of Pittsburgh. Together, we built a proud legacy of steelmaking that made this America’s “Steel City.Almost two years ago, U. S. Steel was excited to stand shoulder to shoulder with our workers, community leaders, and neighbors to announce an investment in state-of-the-art steel casting and rolling...
Newsroom Type: Press Release YEAR: 2021 | April 29, 2021
PITTSBURGH--(BUSINESS WIRE)-- 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.Founded in 1901, the United States Steel Corporation is a Fortune 250...