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Steel Stories by U. S. Steel Podcast - The Best Deal: U. S. Steel and Nippon Steel Unite

CEO Dave Burritt and Nippon Steel's Representative Director and Vice Chairman Takahiro Mori talk about the strategic alliance between U. S. Steel and Nippon Steel. Find out how this pending partnership is set to reshape the industry and secure a brighter future for all. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This press release contains information regarding U. S. Steel and Nippon Steel that may constitute “forward-looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995 and other securities laws, that are subject to risks and uncertainties. We intend the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in those sections. Generally, we have identified such forward-looking statements by using the words “believe,” “expect,” “intend,” “estimate,” “anticipate,” “project,” “target,” “forecast,” “aim,” “should,” “plan,” “goal,” “future,” “will,” “may” and similar expressions or by using future dates in connection with any discussion of, among other things, statements regarding the proposed transaction, including the timing of the completion of the transaction. However, the absence of these words or similar expressions does not mean that a statement is not forward-looking. Forward-looking statements include all statements that are not historical facts, but instead represent only U. S. Steel’s beliefs regarding future goals, plans and expectations about our prospects for the future and other events, many of which, by their nature, are inherently uncertain and outside of U. S. Steel’s or Nippon Steel’s control and may differ, possibly materially, from the anticipated events indicated in these forward-looking statements. Management of U. S. Steel or Nippon Steel, as applicable, believes that these forward-looking statements are reasonable as of the time made. However, caution should be taken not to place undue reliance on any such forward-looking statements because such statements speak only as of the date when made. In addition, forward looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from U. S. Steel’s or Nippon Steel’s historical experience and our present expectations or projections. Risks and uncertainties include without limitation: the ability of the parties to consummate the proposed transaction on a timely basis or at all; the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the proposed transaction; the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive agreement and plan of merger relating to the proposed transaction (the “Merger Agreement”); the risk that the parties to the Merger Agreement may not be able to satisfy the conditions to the proposed transaction in a timely manner or at all; risks related to disruption of management time from ongoing business operations due to the proposed transaction; certain restrictions during the pendency of the proposed transaction that may impact U. S. Steel’s ability to pursue certain business opportunities or strategic transactions; the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of U. S. Steel’s common stock or Nippon Steel’s common stock or American Depositary Receipts; the risk of any unexpected costs or expenses resulting from the proposed transaction; the risk of any litigation relating to the proposed transaction; the risk that the proposed transaction and its announcement could have an adverse effect on the ability of U. S. Steel or Nippon Steel to retain customers and retain and hire key personnel and maintain relationships with customers, suppliers, employees, stockholders and other business relationships and on its operating results and business generally; and the risk the pending proposed transaction could distract management of U. S. Steel. U. S. Steel directs readers to its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 and Form 10-K for the year ended December 31, 2023, and the other documents it files with the SEC for other risks associated with U. S. Steel’s future performance. These documents contain and identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements.

Length: 00:30:47

First shipment of direct reduced (DR)-grade pellets at U. S. Steel's Keetac facility - May 7, 2024

The team at U. S. Steel's Keetac facility celebrated the first shipment of direct reduced (DR)-grade pellets on May 7, 2024, following a $150 million investment to add those pellet-making capabilities to the existing operation. Construction was completed in late 2023 on time and on budget, and the first shipment met the project's stated goal of second quarter 2024.

Length: 00:00:34

And U. S. Steel's United by Service 2023 "Volunteer of the Year" is ...

U. S. Steel's United by Service employee volunteerism initiative announced its "Volunteer of the Year" for 2023: Tyrell Anderson, an Operational Excellence Engineer at our Gary Works in Gary, Indiana. Hear more about Tyrell's story from leaders at U. S. Steel's Gary Works, members of his family, and leaders and volunteers at the organization he founded - Decay Devils.

Length: 00:03:00

Steel Stories Shorts - Jeff Henry, Metal Construction Association

Our 'Steel Stories Shorts' series continues with Jeff Henry, MBA, executive director of the Metal Construction Association, who stopped by for a quick chat with #USSteel’s Robert Kopf at the International Roofing Exposition in Las Vegas last week. Jeff shares his perspectives on trends in the metal construction industry, including the growth of metal roofing in both residential and commercial sectors, sustainability efforts making an impact, and skilled labor needed for the industry's growth.

Length: 00:11:05

Steel Stories Shorts - Renee Ramey, Metal Roofing Alliance

We're at the International Roofing Expo (IRE) and kicking off our new video series, Steel Stories Shorts. Host Marcos Corradin welcomes Renee Ramey, Executive Director of the Metal Roofing Alliance for an insightful discussion on the state of the metal roofing industry.

Length: 00:11:49

Steel Stories Shorts - Monte Paschal, Alliance Metal Products

Here's a must-listen for anyone in the steel sector looking for strategies to navigate the future. In this episode of 'Steel Stories Shorts' from the International Roofing Expo (IRE), Monte Paschal, Vice President of Supply Management at Alliance Metal Products joined Rob Kopf, #USSteel Vice President of Sales and Marketing, to share how his company is bridging the gap between mills and end-users, emphasizing a just-in-time delivery model that significantly benefits small and medium-sized enterprises that can provide a competitive edge in 2024.

Length: 00:11:11

From Crisis to Recovery: A Federal Reserve Insider's Perspective with Dave Burritt and Jim Bullard

In a special edition of the Steel Stories podcast, U. S. Steel President & CEO Dave Burritt chats about the economy and monetary policy with former St. Louis Federal Reserve Bank president, Jim Bullard.

Length: 00:32:18

Event replay: Battery-powered locomotive unveiling at U. S. Steel's Mon Valley Works

Watch a full replay of the Oct. 30, 2023, event unveiling the first of two battery-powered locomotives at U. S. Steel's Mon Valley Works - Clairton Plant near Pittsburgh.

Length: 00:31:30

Mon Valley Works adds battery-powered locomotives to fleet

U. S. Steel converted two of its diesel switcher locomotives at Mon Valley Works’ Edgar Thomson and Clairton Plants to state-of-the-art battery-operated locomotives. Mon Valley Works is the first industrial site to deploy technology developed by Innovative Rail Technologies (IRT), a provider of customized lithium-ion propulsion solutions to the locomotive rail market that reduces small particulate matter emissions. U. S. Steel's investment marks a significant step in the company's ongoing commitment to sustainability, environmental excellence, and the communities it serves.

Length: 00:01:21

Steel’s Essential Nature on Display at the Home of NBA’s Memphis Grizzlies

Steel is truly everywhere – on our roads, in our homes, at our grocery stores, and everywhere in between. And now, the story of steel’s essential role in our daily lives is told in a beautiful new mural displayed outside the FedEx Forum, home of the NBA’s Memphis Grizzlies.

Length: 00:04:38

U. S. Steel Keetac DR-grade pellet capabilities investment: October 2023 project update

See the latest construction milestone on our investment to add DR-grade pellet capabilities at our Minnesota Ore Operations Keetac facility. We have now completed the placement of equipment inside the building, and the team has worked for more than one year with zero lost-time injuries!

Length: 00:00:56

COASTALUME™ steel roofing engineered and warrantied for coastal environments.

The new COASTALUME™ product combines U. S. Steel’s GALVALUME®* solution with DuPont™ Tedlar® PVF film to create a revolutionary, maintenance-free, and highly sustainable roofing solution that offers a level of durability and reliability needed in residential and commercial construction along the coast.

Length: 00:01:01

Energizing the Future - New NGO electrical steel line at U. S. Steel's Big River Steel

At U. S. Steel, we’re investing in technology to emPOWER the green economy and get us to our Best for All® future faster. This includes our new state-of-the-art, non-grain-oriented electrical (NGO) electrical steel line at our Big River Steel facility in Osceola, Arkansas. See what this $450 million investment means for our company and our customers.

Length: 00:01:20

Made Here Pittsburgh Corporate Campaign 2023

Whether it’s helping neighbors in need or investing in future generations, U. S. Steel is committed to strengthening the communities we call home. Through a partnership with the Pittsburgh Penguins Foundation, the Reading Champions program encourages students to be champions of reading by challenging each child to read for just 20 minutes a day (the length of a hockey period.)

Length: 00:00:33

Made Here Minnesota Corporate Campaign 2023

U. S. Steel encourages employees to volunteer in the communities where they live and work. See how Bob, an employee from our Minnesota Ore Operations shares his passion for fishing with American veterans from the the organization, Fishing with the Vets.

Length: 00:00:33

Construction update - NGO electrical steel finishing line at U. S. Steel's Big River Steel

August 2023 update on the construction of a new technologically advanced non-grain oriented (NGO) electrical steel finishing line at U. S. Steel's Big River Steel facility in Osceola, Arkansas.

Length: 00:01:06

U. S. Steel CEO signs Disability:IN CEO letter

Hear from Joe Petrovich, President of U. S. Steel's SteelABILITY employee resource group, about why U. S. Steel President & CEO Dave Burritt is adding his signature to Disability:IN's CEO Letter on Disability Inclusion.

Length: 00:02:21

My U. S. Steel Experience - Chirag

For Chirag Mahimkar, a Quality and Product Development Manager at U. S. Steel’s Big River Steel facility, building strong relationships is not just about collaborating with customers; it is also about being part of a team. Chirag feels privileged to work at a company that makes environmental stewardship, accountability, and teamwork priorities and alongside experienced mentors and highly skilled operators from whom he regularly learns new things as they focus on achieving common goals. Learn more about Chirag in this continuing video series.

Length: 00:01:44

Pittsburgh Pride Revolution 2023

U. S. Steel employees, including members of our SteelPRIDE employee resource group which focuses on supporting the LGBTQ+ community, participated in the 2023 Pittsburgh Pride Revolution March on June 3, 2023.

Length: 00:00:41

U. S. Steel Keetac DR-grade pellet capabilities investment: May 2023 project update

See our latest construction milestone on our investment to add DR-grade pellet capabilities at our Minnesota Ore Operations Keetac facility. Earlier this month, we completed the placement of the structural steel for the building's frame.

Length: 00:01:03

U. S. Steel Keetac DR-grade pellet capabilities investment: Feb. 2023 project update

See our latest construction milestone on our investment to add DR-grade pellet capabilities at our Minnesota Ore Operations Keetac facility. Earlier this month, we placed a special beam signed by project team members, employees, and individuals who attended our groundbreaking ceremony in October 2022.

Length: 00:00:54

My U. S. Steel Experience - Justin

Opportunities take many forms at U. S. Steel – just ask Justin Calderone, a Shift Manager at our Mon Valley Works - Irvin Plant near Pittsburgh, PA. In his nearly 12 years with us, Justin’s opportunities have come in the form of job advancement, family-sustaining wages and benefits, and a donation from the company to his family’s foundation in recognition of his outstanding community service. Hear from Justin about his career journey and why the company’s support for volunteerism means so much to him in this continuing series.

Length: 00:01:42

U. S. Steel Keetac DR-grade pellet capabilities investment: Jan. 2023 project update

See recent construction progress on our investment to add DR-grade pellet capabilities at our Minnesota Ore Operations Keetac facility.

Length: 00:01:06

And U. S. Steel's United by Service 2022 "Volunteer of the Year" is ...

U. S. Steel's United by Service employee volunteerism initiative announced its "Volunteer of the Year" for 2022. Hear Dave Burritt (President & CEO) and Ken Jaycox (SVP & Chief Commercial Officer) announce the winner and share their thoughts about his selfless service, and hear our winner - Ray Tarnow - explain why volunteering in his community is so important to him.

Length: 00:02:04

U. S. Steel's United by Service 2021 "Volunteer of the Year" - Justin Calderone

Learn more about U. S. Steel's United by Service employee volunteerism initiative and our very first "Volunteer of the Year" award winner announced in January 2022: Justin Calderone of our Mon Valley Works - Irvin Plant near Pittsburgh. Hear Justin's personal story about why he and his family decided to help other families facing the challenges associated with seriously ill children.

Length: 00:01:25

Construction update - NGO electrical steel finishing line at U. S. Steel's Big River Steel

January 2023 update on the construction of a new technologically advanced non-grain oriented electrical steel finishing line at U. S. Steel's Big River Steel facility in Osceola, Arkansas.

Length: 00:01:08

My U. S. Steel Experience - Erika

Erika Chan, General Manager of Sustainability, discusses her transition from Silicon Valley to steel, our company's sustainability journey, and how our employees are central to creating a future that is truly Best for All(R).

Length: 00:01:32

U. S. Steel and SERVE ERG place wreath at Arlington's Tomb of the Unknown Soldier

U. S. Steel leaders and representatives of our SERVE Employee Resource Group placed a wreath at Arlington National Cemetery's Tomb of the Unknown Soldier on Nov. 22, 2022.

Length: 00:05:01

U. S. Steel Lays Wreath at Arlington Cemetery’s Tomb of the Unknown Soldier

Earlier today, our #USSteel team and SERVE Employee Resource Group participated in laying a wreath at Arlington National Cemetery’s Tomb of the Unknown Soldier in Washington, D.C., a truly sacred spot that symbolizes the bravery, service and sacrifice displayed by the members of the U.S. armed forces. The event served as an opportunity for our company to show our appreciation to the heroes buried in Arlington.

Length: 00:04:53

My U. S. Steel Experience – Chad

Hear more from Chad, who is a Senior Area Manager at our Minnesota Ore Operations mining facility and a chapter lead for the plant's veterans employee resource group called SERVE. In this video, Chad talks about the role safety and environmental stewardship play in his daily responsibilities, and how the SERVE ERG is continuing a long company legacy of supporting our nation's active-duty and veteran service members.

Length: 00:01:27

My U. S. Steel Experience - Alana

Hear more from Alana, who is a member of U. S. Steel's Financial Planning & Analysis team and President of our NextGen Steel employee resource group, about her experience as part of the U. S. Steel team.

Length: 00:01:14

U. S. Steel Gary Works Pig Caster project achieves new milestone

The Pig Caster construction project at U. S. Steel's Gary Works in Gary, Indiana, has reached an important new milestone - All 22 pig caster modules have now been installed. Come on a fly through the construction site to view our progress.

Length: 00:01:17

U. S. Steel Keetac DR-grade pellet capabilities celebration event - Oct. 5, 2022.

Speaking highlight - MN Gov. Tim Walz

Length: 00:00:36

U. S. Steel Keetac DR-grade pellet capabilities celebration event - Oct. 5, 2022.

Speaking highlight - U. S. Steel President & CEO Dave Burritt

Length: 00:00:27

U. S. Steel's Dave Burritt speaks at Braddock Carnegie Library Groundbreaking Ceremony

U. S. Steel President & CEO Dave Burritt speaks at the Sept. 23, 2022 Groundbreaking Celebration for the Braddock Carnegie Library's renovation campaign. Burritt announced to attendees U. S. Steel will be donating an additional $500,000 to the capital campaign, bringing the company's total donation to $1 million.

Length: 00:00:58

U. S. Steel's Eagle Talk Episode 3: Update on Rosie

U. S. Steel's Don German joins Carol Holmgren from Tamarack Wildlife Center for a health update on Rosie, the Bald Eagle raised at U. S. Steel's Irvin plant in West Mifflin, PA.

Length: 00:11:35

Dan Brown Speaks at Osceola, AR, Check Presentation

U. S. Steel's Dan Brown, Senior Vice President of Advanced Technology Steelmaking and Chief Operating Officer of U. S. Steel's Big River Steel Works, speaks at a Sept. 7 event where U. S. Steel presented $1 million in donations to organizations serving critical needs for residents in the area around our Big River Steel facility.

Length: 00:00:26

U. S. Steel | Made Here.

“Made Here” is a ‘storytelling’ campaign that features employees sharing what motivates and inspires them to work at U. S. Steel. The campaign is not only the first of its kind for U. S. Steel, but also the first TV spot created for the public in over 30 years.

Length: 00:00:31

Gary Family Safety Day 2022

#USSteel Gary Works welcomes 3200 employees, families and guests to celebrate Summer of Safety

Length: 00:02:08

U. S. Steel Gary Works pig iron caster project milestone

The construction of the pig iron caster at U. S. Steel's Gary Works hit an important milestone in July 2022: the first caster modules were installed ahead of schedule and with zero safety incidents or injuries. Watch time-lapse video and still images of the project's early stages.

Length: 00:01:37

Braddock Community Day 2022

U. S. Steel, the Pittsburgh Penguins and the Braddock-Carnegie Library teamed up to support Braddock Community Day on Saturday, August 13, 2022. The event provided an opportunity to raise awareness for Carnegie One, the Library's revitalization fundraising campaign co-chaired by U. S. Steel and the Pens. Click here to learn more about Carnegie One and make a donation to support the transformation of this vital community resource: https://www.nhl.com/penguins/community/library-campaign

Length: 00:01:07

U. S. Steel | Made Here.

“Made Here” is a ‘storytelling’ campaign that targets the greater Allegheny County community and features employees sharing what motivates and inspires them to work at U. S. Steel. The campaign is not only the first of its kind for U. S. Steel, but also the first TV spot created for the public in over 30 years.

Length: 00:00:33

U. S. Steel supports northern MN visit of traveling Vietnam Veterans Memorial

U. S. Steel's Minnesota Ore Operations and its SERVE employee resource group chapter joined other northern Minnesota organizations and companies in supporting a late June visit of The Wall That Heals, a scaled-down version of the Vietnam Veterans Memorial in Washington, D.C., which travels the country year-round.

Length: 00:01:01

U. S. Steel named to 2022 Disability Equality Index

Learn more about U. S. Steel and our SteelABILITY Employee Resource Group and how we worked to earn a top score on the 2022 Disability Equality Index and the "Best Places to Work for Disability Inclusion" designation.

Length: 00:01:41

Like Grandfather, like Father, like Son

Learn more about three generations of one family working at one time at U. S. Steel's Minntac, a historic first for this facility.

Length: 00:02:25

Best for All: DE&I

#USSteel CEO Dave Burritt discusses how Diversity, Equity & Inclusion is helping to create a sustainable future that is Best for All our stakeholders: employees, customers, communities and our planet. #dei #sustainability #BestforAll

Length: 00:02:11

Women of Steel

Women have played valuable roles at our company throughout history. Today, from Shift Managers to Metallurgical Engineers, the women of U. S. Steel continue to break barriers across our industry. U. S. Steel knows a diverse, talented team working together in an inclusive culture is key to achieving our goals. It's a workplace where everyone has an opportunity to thrive. Our people bring the strength to steel. Join us. https://ussteel.greatjob.net/landingpages/landingpage/u-s-steel-women-of-steel?utm_source=a-youtube&utm_medium=video&utm_campaign=womenofsteel

Length: 00:01:01

OUR “BEST OF BOTH” FUTURE BEGINS NOW.

U. S. Steel is making our customer-centric “Best of Both” world-competitive steelmaking technology strategy a reality now. Once completed, the acquisition of the remaining ownership interests in Big River Steel will allow us to offer our customers the best of integrated and mini mill technology, product and process innovation, and advanced, environmentally sustainable products.

Length: 00:02:11

U. S. Steel - Automotive Steel

At U. S. Steel, we put our customers first. For our automotive customers, we combine industry-leading steels with the best teams and processes to deliver the next generation of ultra low carbon, advanced high strength steel that will help automakers design vehicles to drive us toward a more sustainable world.

Length: 00:01:33

U. S. Steel: The Future Starts Now

See how our strategy to combine the best of both integrated and mini-mill steelmaking is creating a more sustainable future for our customers, our company, and our communities. #USSteel #BestofBoth #sustainablefuture #sustainablesteelmaking #OurFutureStartsNow

Length: 00:01:01

U. S. Steel and Big River Steel Celebrate One Year of Partnership

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.

Length: 00:04:16

Start-Up of U. S. Steel Fairfield EAF #1

Watch the successful start-up of our newly constructed, technologically advanced electric arc furnace (EAF) recently installed at our steelmaking facility in Fairfield, Alabama. The EAF method of steelmaking utilizes electrical energy to melt a heat of steel. This process charges recycled steel scrap into the furnace, which is then heated by electric arcs; melting the scrap into liquid steel. Fairfield EAF #1 commenced its first arc, charged and melted steel scrap, and on October 20, 2020, tapped its first heat of liquid steel. The EAF start-up is the latest milestone providing customer value through the our “Best of Both” integrated and mini-mill technology strategy.

Length: 00:00:16

U. S. Steel STEM | Pittsburgh Steelers

Tenacity. Teamwork. Pride in community and the desire to give back. #USSteel and the Pittsburgh Steelers share many of the same values. We’re excited to continue our partnership and look forward to delivering another year of #STEM programs to students in the #Pittsburgh region.

Length: 00:00:31

U. S. Steel: Together

By any measure, 2020 has been a tough year. The only thing tougher than the circumstances we faced is the resolve of our U. S. Steel employees who rallied together to protect and lives and livelihoods of our company, our customers, and our communities during these challenging times. Thank you!

Length: 00:01:32

U. S. Steel STEM Education Program

U. S. Steel has partnered with the Pittsburgh Steelers to launch a STEM education program at schools across the Pittsburgh area.

Length: 00:04:15

U. S. Steel Announces Investment in Big River Steel

U. S. Steel President & CEO Dave Burritt and Big River Steel CEO Dave Stickler discuss U. S. Steel's approximately $700 million investment in Big River Steel announced on Oct. 1, 2019.

Length: 00:07:19

Dave Burritt Opening Statement- Steel Caucus 2019

U. S. Steel President and CEO Dave Burritt speaks at the Steel Caucus in Washington, D.C on March 27, 2019. Video credit: AISI

Length: 00:04:50

U. S. Steel Hosts Fox Sports and Vince Wilfork-Thursday Night Football

Fox Sports and Vince Wilfork visit U. S. Steel's Edgar Thomson Plant to see how steel is made. Used with permission from Fox Sports. Aired 11/8/2018.

Length: 00:01:56