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Newsroom Type: Press Release YEAR: 2020 | December 17, 2020
PITTSBURGH--(BUSINESS WIRE)-- 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). “Flat-rolled customer demand in the U.S. and Europe has improved throughout the fourth quarter,...
Newsroom Type: Press Release YEAR: 2020 | December 08, 2020
Completes strategic investment in North America’s most advanced flat-rolled mini mill Creates North America’s only customer-centric “Best of Both” steelmaker to combine world-competitive integrated and mini mill technologies Combines industry-leading Generation 3 advanced high-strength steel product know-how with efficient, low-cost mini mill production process Provides unique customer...
Newsroom Type: Press Release YEAR: 2020 | November 24, 2020
U. S. Steel Closes on Green Bonds to Finance Low-Emission, Low-Carbon Electric Arc Furnace in Alabama
PITTSBURGH--(BUSINESS WIRE)-- 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. “Our first green...
Newsroom Type: In The News YEAR: 2020 | October 30, 2020
One year ago, U. S. Steel took a big and important step toward our “Best of Both” future. A future where the best of both integrated and mini-mill technology and talent deliver the high-quality, value-added, innovative and sustainable steel solutions our customers need to make their customers’ lives safer, easier and better.
Newsroom Type: Press Release YEAR: 2020 | October 29, 2020
PITTSBURGH--(BUSINESS WIRE)-- 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. Founded in 1901, the United States Steel Corporation is a Fortune 250 company and...