Newsroom

null
thumbnail
U. S. Steel CEO Dave Burritt Discusses the Nippon Steel Transaction

by Jim Bruno, Senior VP

November 26, 2024


CLICK HERE to watch the full interview! 

From Mon Valley Works’ Irvin Plant, U. S. Steel CEO Dave Burritt discusses how a transaction with Nippon Steel will help secure the future of U. S. Steel and strengthen American steelmaking and supply chains.

Nippon Steel has committed to investing ~$2.7 billion in union-represented facilities, including more than $1 billion in Mon Valley Works near Pittsburgh, while maintaining U. S. Steel’s headquarters in the Steel City. Dave highlighted that Nippon Steel is the only partner both willing and able to make the necessary investments to strengthen and grow U. S. Steel.

Want to learn more about the deal? Tune in to Steel Stories by U. S. Steel Podcast

Host David Kirkpatrick invites CEO Dave Burritt and Representative Director and Vice Chairman Takahiro Mori to 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.

Listen in on your favorite podcast platform, including: Apple Podcast and Spotify


About the author

userProfile
James E. Bruno is Senior Vice President of Business Development at U. S. Steel and President of U. S. Steel Slovakia. He leads the company's commercial, IT, and European operations.

Forward-Looking Statements:

This webpage contains information that may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. 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," "will," "may" and similar expressions or by using future dates in connection with any discussion of, among other things, the construction or operation of new or existing facilities or operating capabilities, the timing, size and form of share repurchase transactions, operating or financial performance, trends, events or developments that we expect or anticipate will occur in the future, statements relating to volume changes, share of sales and earnings per share changes, anticipated cost savings, potential capital and operational cash improvements, changes in the global economic environment, including supply and demand conditions, inflation, interest rates, supply chain disruptions and changes in prices for our products, international trade duties and other aspects of international trade policy, statements regarding our future strategies, products and innovations, statements regarding our greenhouse gas emissions reduction goals, statements regarding existing or new regulations and statements expressing general views about future operating results. However, the absence of these words or similar expressions does not mean that a statement is not forward-looking. Forward-looking statements are not historical facts, but instead represent only the Company's beliefs regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company's control. It is possible that the Company's actual results may differ, possibly materially, from the anticipated results indicated in these forward-looking statements. Management 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. Our Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. In addition, forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from our Company's historical experience and our present expectations or projections. These risks and uncertainties include, but are not limited to, the risks and uncertainties described on this webpage and in "Item 1A. Risk Factors" in our Annual Report on Form 10-K and those described from time to time in our reports filed with the Securities and Exchange Commission.