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Newsroom Type: Press Release YEAR: 2023 | March 23, 2023

U. S. Steel Introduces InduX™ Electrical Steel at Ceres Global

New product for the growing American electric vehicle market PITTSBURGH--(BUSINESS WIRE)-- 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. U. S. Steel...

Newsroom Type: Press Release YEAR: 2023 | March 20, 2023

U. S. Steel Launches Podcast: Steel Stories by U. S. Steel

PITTSBURGH--(BUSINESS WIRE)-- 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. Steel Stories by U....

YEAR: 2023 perspeXtives: Product Innovation | March 20, 2023

What GreenBiz 2023 Tells Us About the Future of Sustainability

I’ve spent nearly 20 years in sustainability, but this was my first year attending GreenBiz on behalf of U. S. Steel. Founded in 1991, GreenBiz has been a force for coalescing and galvanizing business leaders working on everything from social justice to the circular economy to building a more resilient supply chain. It was an honor to represent U. S. Steel as its head of sustainability. As the...

Newsroom Type: Press Release YEAR: 2023 | March 16, 2023

United States Steel Corporation Provides First Quarter 2023 Guidance

PITTSBURGH--(BUSINESS WIRE)-- 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. “Momentum continues to build in the North American flat-rolled market,” commented U. S. Steel President and Chief...

YEAR: 2023 perspeXtives: Product Innovation | March 15, 2023

Steel the Sustainable Way – Three Steps to Transforming Our Future

Sustainability has become a crucial aspect of any business strategy, and at U. S. Steel it is in all facets of our operations. From designing new, greener steels, to building a state-of-the-art steel plant in Arkansas, we have put sustainability at the forefront. That’s because at U. S. Steel, we have made it a priority to be a part of creating a sustainable future, and while it has not been...

Newsroom Type: Press Release YEAR: 2023 | March 13, 2023

United States Steel Corporation Named One of the World’s Most Ethical Companies® for 2023

U. S. Steel is included among the World’s Most Ethical Companies® for the second consecutive year Out of 135 honorees, U. S. Steel is the only integrated steel producer PITTSBURGH--(BUSINESS WIRE)-- 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...

YEAR: 2023 perspeXtives: Product Innovation Customer Spotlight | March 06, 2023

Market Conditions, Value Over Volume and Sustainability

I was honored to participate in a Fireside Chat at the Tampa Steel Conference presented by Steel Market Update and CRU Group. Michael Cowden, senior editor at Steel Market Update, was the moderator. Together we covered a wide range of topics about today’s steel, and how it's more relevant than ever. We talked about how U. S. Steel is evolving as a brand, and how we produce steel that’s lighter,...

Newsroom Type: Press Release YEAR: 2023 | March 02, 2023

U. S. Steel and CarbonFree Ink MoU to Capture CO2 Emissions at One of the Largest Integrated Steel Mills in North America

CarbonFree’s SkyCycle ™ Technology Would Capture and Mineralize up to 50,000 Metric Tons of CO2 Annually from U. S. Steel’s Facility in Gary, Indiana PITTSBURGH--(BUSINESS WIRE)-- 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...

Newsroom Type: Press Release YEAR: 2023 | February 28, 2023

Alicia J. Davis Elected to U. S. Steel Board of Directors

PITTSBURGH--(BUSINESS WIRE)-- 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. Alicia J. Davis (Photo: Business Wire) Ms. Davis is Chief Strategy Officer at Lear Corporation, a global automotive supplier of seating and electrical distribution...

Newsroom Type: Press Release YEAR: 2023 | February 14, 2023

U. S. Steel Announces Supply Agreement with General Motors for U.S.-Sourced Sustainable verdeX® Steel

PITTSBURGH--(BUSINESS WIRE)-- 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...

Newsroom Type: Press Release YEAR: 2023 | February 06, 2023

United States Steel Corporation Announces Consent Solicitations With Respect to Big River Steel Debt Obligations

PITTSBURGH--(BUSINESS WIRE)-- 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: Issuer ...

Newsroom Type: Press Release YEAR: 2023 | February 02, 2023

United States Steel Corporation Declares Dividend

PITTSBURGH--(BUSINESS WIRE)-- 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. Founded in 1901, United States Steel Corporation is a...

Newsroom Type: Press Release YEAR: 2023 | February 02, 2023

U. S. Steel Delivering on Strategic Commitments; Reports Solid Fourth Quarter and Second-Best Earnings in 2022

Fourth quarter 2022 net earnings of $174 million, or $0.68 per diluted share; full-year 2022 net earnings of $2.52 billion, or $9.16 per diluted share. Fourth quarter 2022 adjusted net earnings of $226 million, or $0.87 per diluted share; full-year 2022 adjusted net earnings of $2.74 billion, or $9.95 per diluted share. ...

Newsroom Type: Press Release YEAR: 2023 | January 20, 2023

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

PITTSBURGH--(BUSINESS WIRE)-- 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...

Newsroom Type: Press Release YEAR: 2023 | January 12, 2023

U. S. Steel Announces New Industry-Leading Warranty Policy for GALVALUME® Coated Steel Coils

Doubles length of GALVALUME® steel warranty in response to success and adoption of product among residential and nonresidential building applications, supports a more sustainable steel future PITTSBURGH--(BUSINESS WIRE)-- 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...