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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....
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...
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...
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...
Newsroom Type: Press Release YEAR: 2022 | December 22, 2022
United States Steel Corporation Appoints Two New Executives to Further Enhance Its Best for All® Strategy
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced the appointment of two new executive leaders, Christian Gianni as Senior Vice President & Chief Technology Officer (CTO) and John Gordon as Senior Vice President, Raw Materials & Sustainable Resources. Mr. Gianni and Mr. Gordon report directly to David B. Burritt, President and Chief...
Newsroom Type: Press Release YEAR: 2022 | December 20, 2022
U. S. Steel Announces Ratification of New Collective Bargaining Agreements by United Steelworkers
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today announced the ratification of new successor four-year collective bargaining agreements by the United Steelworkers (USW). These agreements cover approximately 11,000 USW- represented employees at the company’s domestic flat-rolled facilities, iron ore mining facilities and applicable tubular operations. “We are...