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Newsroom Type: Press Release YEAR: 2023 | August 10, 2023
U. S. Steel Aims to Improve Operational Efficiencies and Employee Experiences with Google Cloud’s Generative AI
MineMind™ will be U. S. Steel’s first gen AI application to launch PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) and Google Cloud today announced a new collaboration to build applications using Google Cloud’s generative artificial intelligence (“gen AI”) technology to drive efficiencies and improve employee experiences in the largest iron ore...
YEAR: 2023 perspeXtives: Product Innovation Customer Spotlight Policy | August 03, 2023
Culture: It's What's for Breakfast
It is a simple expression of a complex idea that is indispensable to the success of not only any corporate strategy, but also of any corporation itself. It is a mandate that springs from the clear understanding that when people are connected, energized, and moving together with purpose, there are no limits to where they can go and what they can achieve.
Influential thinker, author, and educator Peter Drucker famously said, “Culture eats strategy for breakfast.”It is a simple expression of a complex idea that is indispensable to the success of not only any corporate strategy, but also of any corporation itself. It is a mandate that springs from the clear understanding that when people are connected, energized, and moving together with purpose,...
Newsroom Type: Press Release YEAR: 2023 | August 02, 2023
U. S. Steel Names Goldman Sachs Alum Emily Chieng as Investor Relations Officer
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced the appointment of Emily Chieng as Investor Relations Officer, effective September 2023. She succeeds Kevin Lewis who was appointed Vice President, Finance in December 2022. This press release features multimedia. View the full release here:...
Newsroom Type: Press Release YEAR: 2023 | July 27, 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 Thursday, September 7, 2023, to stockholders of record at the close of business on Monday, August 7, 2023. Founded in 1901, United States Steel Corporation is a...
Newsroom Type: Press Release YEAR: 2023 | July 27, 2023
U. S. Steel Delivers Another Strong Quarter; Best for All® Strategy On-Track
Second quarter 2023 net earnings of $477 million, or $1.89 per diluted share Second quarter 2023 adjusted net earnings of $483 million, or $1.92 per diluted share Second quarter 2023 adjusted EBITDA of $804 million PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) reported second quarter 2023 net earnings of $477 million, or $1.89 per diluted share. Adjusted net...
Newsroom Type: Press Release YEAR: 2023 | July 26, 2023
U. S. Steel Recognized as a 'Best Place to Work for Disability Inclusion' with Top Disability Equality Index Score
CEO David B. Burritt Is First Global Steel Industry Executive to Sign Disability:IN’s Inclusion Pledge PITTSBURGH--(BUSINESS WIRE)-- U. S. Steel (NYSE: X) announced today that for the third consecutive year, the Company was recognized as a “Best Place to Work for Disability Inclusion,” with a top score of 100 on the Disability Equality Index® (DEI). Also this year, U. S. Steel’s...
Newsroom Type: Press Release YEAR: 2023 | July 13, 2023
U. S. Steel Unlocks New Environmental Data for Customers with EPDs on Flat-Rolled Coil Products Melted at Big River Steel Works
Environmental Product Declarations reaffirm the company’s commitment to sustainability PITTSBURGH--(BUSINESS WIRE)-- Today, United States Steel Corporation (NYSE: X) (U. S. Steel) announced environmental product declarations (EPDs) across three key offerings including Hot-Rolled, Cold-Rolled and Corrosion-Resistant flat-rolled products where the steel has been melted at Big River Steel...
Newsroom Type: Press Release YEAR: 2023 | July 13, 2023
United States Steel Corporation to Release Second Quarter 2023 Financial Results on July 27, 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 second quarter 2023 on Thursday, July 27, 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, July 28, 2023, at 8:30 a.m. ET. The...
Newsroom Type: Press Release YEAR: 2023 | July 11, 2023
U. S. Steel Foundation Awards College Scholarships to Employees’ Children
PITTSBURGH, July 5, 2023 – United States Steel Corporation (NYSE: X) announced the awarding of college scholarships to 20 students across the country. All the recipients are children of U. S. Steel employees. The scholarships are funded by the United States Steel Foundation. “The U. S. Steel Scholarship Program allows us to recognize the remarkable achievements of the children...
Newsroom Type: Press Release YEAR: 2023 | June 19, 2023
United States Steel Corporation Provides Second Quarter 2023 Guidance
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided second quarter 2023 adjusted net earnings per diluted share guidance of $1.81 to $1.86. Second quarter 2023 adjusted EBITDA is expected to be approximately $775 million. Commenting on second quarter guidance, President and Chief Executive Officer David B. Burritt said, “We expect to deliver another...
Newsroom Type: Press Release YEAR: 2023 | June 13, 2023
U. S. Steel Issues ESG Report Highlighting Continued Progress on Ambitious Sustainability Goals
Highlights the Essential Role of Steel in Enabling a More Sustainable Future PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today issued its 2022 Environmental, Social and Governance (ESG) Report titled, “Essential for our Future,” reaffirming its commitment to sustainable steelmaking and a greener economy. Steel is essential to enabling critical...
Newsroom Type: Press Release YEAR: 2023 | June 07, 2023
U. S. Steel Issues 2023 Diversity, Equity and Inclusion Report
2nd annual report highlights the company’s progress driving meaningful change PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today issued its 2023 Diversity, Equity and Inclusion (DEI) Report, which emphasizes its strong commitment to fostering a culture that supports all employees. U. S. Steel Issues 2023 Diversity,...
Newsroom Type: Press Release YEAR: 2023 | May 18, 2023
U. S. Steel Closes on $240 Million Financing to Support Big River 2
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “Company”) today announced the closing of $240 million unsecured Arkansas Development Finance Authority environmental improvement revenue bonds, which carry a green bond designation (the “Green Bonds”). The Green Bonds, issued through Arkansas Development Finance Authority, have a coupon rate...
Newsroom Type: Press Release YEAR: 2023 | April 27, 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 Wednesday, June 7, 2023, to stockholders of record at the close of business on Monday, May 8, 2023. Founded in 1901, United States Steel Corporation is a leading...
Newsroom Type: Press Release YEAR: 2023 | April 27, 2023
U. S. Steel Delivers Strong First Quarter 2023; Best for All® Strategy On-Track
First quarter 2023 net earnings of $199 million, or $0.78 per diluted share First quarter 2023 adjusted net earnings of $195 million, or $0.77 per diluted share First quarter 2023 adjusted EBITDA of $427 million PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) reported first...
Newsroom Type: Press Release YEAR: 2023 | April 13, 2023
United States Steel Corporation to Release First Quarter 2023 Financial Results on April 27, 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 first quarter 2023 on Thursday, April 27, 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, April 28, 2023, at 8:30 a.m. ET. The...
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...