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Newsroom Type: Press Release YEAR: 2022 | November 08, 2022
U. S. Steel Reaches Tentative Agreement with United Steelworkers
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) announced today that it has reached a tentative agreement with the United Steelworkers (USW) on a new four-year contract covering approximately 11,000 USW-represented employees at the company’s domestic flat-rolled facilities, iron ore mining facilities and applicable tubular operations. The tentative agreement remains...
Newsroom Type: Press Release YEAR: 2022 | October 31, 2022
U. S. Steel Earns ISO 45001 Certification for Great Lakes Works, U. S. Steel Košice Ahead of Schedule
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) President and Chief Executive Officer David B. Burritt announced today that U. S. Steel has earned the International Organization for Standardization’s (ISO) 45001 certification for its Great Lakes Works and U. S. Steel Košice facilities, more than a year ahead of its commitment to achieve the latest...
Newsroom Type: Press Release YEAR: 2022 | October 27, 2022
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, December 8, 2022, to stockholders of record at the close of business on Monday, November 7, 2022. Founded in 1901, United States Steel Corporation is a...
Newsroom Type: Press Release YEAR: 2022 | October 27, 2022
United States Steel Corporation Reports Third Quarter 2022 Results
Third quarter net earnings of $490 million. Reported net earnings per diluted share of $1.85 Third quarter adjusted net earnings of $516 million. Adjusted net earnings per diluted share of $1.95 Third quarter adjusted EBITDA of $848 million PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) reported third quarter 2022 net earnings of...
Newsroom Type: Press Release YEAR: 2022 | October 19, 2022
United States Steel Corporation to Release Third Quarter 2022 Financial Results on October 27, 2022; 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 third quarter 2022 on Thursday, October 27, 2022, 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, October 28, 2022, at 8:30 a.m. ET. The...
Newsroom Type: Press Release YEAR: 2022 | October 11, 2022
United States Steel Corporation Named to Newsweek’s List of the Top 100 Most Loved Workplaces for 2022
U. S. Steel Ranked 71 Among 100 U.S. Companies Recognized for Employee Sentiment and Satisfaction PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) was featured in Newsweek’s Most Loved Workplaces® list for the second year in a row, ranking 71st among the top 100 companies recognized for employee happiness and satisfaction at work in 2022. This press...
Newsroom Type: Press Release YEAR: 2022 | October 05, 2022
U. S. Steel Celebrates Advancement in Metallics Strategy with DR-Grade Pellet Capability at Keetac
KEEWATIN, Minn.--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) leadership and employees were joined by Minnesota Governor Tim Walz, other elected officials, and key partners to celebrate the Company’s investment in direct reduced (DR)-grade pellet capabilities at its Minnesota Ore Operations Keetac plant today. The investment marks a step forward in U. S....
Newsroom Type: Press Release YEAR: 2022 | September 23, 2022
U. S. Steel, Pittsburgh Penguins, Community Partners, Join Governor Tom Wolf to Break Ground for Braddock Carnegie Library Renovation
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) joined Pennsylvania Governor Tom Wolf and community partners including The Braddock Carnegie Library Association (BCLA) and the Pittsburgh Penguins today at a groundbreaking celebration for the Carnegie One Capital Campaign to renovate the Braddock Carnegie Library. This press release features...
Newsroom Type: Press Release YEAR: 2022 | September 15, 2022
United States Steel Corporation Provides Third Quarter 2022 Guidance
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided third quarter 2022 guidance. Third quarter 2022 adjusted EBITDA is expected to be approximately $825 million. Third quarter 2022 adjusted net earnings per diluted share is expected to be in the range of $1.90 to $1.95. “The third quarter marks another important step towards our Best for All® future,”...
Newsroom Type: Press Release YEAR: 2022 | September 07, 2022
United States Steel Corporation Donates $1M to Osceola-Area Organizations
OSCEOLA, Ark.--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”), through its Big River Works facilities, today presented $1 million in donations to organizations in Osceola and Mississippi County, Arkansas, to help equip the community for the future by strengthening infrastructure and essential services. This press release features multimedia. View the full...
Newsroom Type: Press Release YEAR: 2022 | September 06, 2022
U. S. Steel Enhances its Strong Balance Sheet with Sustainable Financing; Completes Successful Tender Process
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced the closing of $290 million unsecured Arkansas Development Finance Authority environmental improvement revenue bonds, which carry a green bond designation (the “Green Bonds”). Proceeds of the bonds will be used for “eligible Green Projects” within the meaning of the Green Bond Principles...
Newsroom Type: Press Release YEAR: 2022 | August 30, 2022
United States Steel Corporation, Big River Steel LLC and BRS Finance Corp. Announce Early Tender Date Results of their Tender Offers to Purchase for Cash $300,000,000 Aggregate Principal Amount of Securities
Includes offers for securities issued by United States Steel Corporation and co-issued by Big River Steel LLC and BRS Finance Corp.PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “Company”) and its subsidiaries, Big River Steel LLC, a Delaware limited liability company, and BRS Finance Corp., a Delaware corporation (together, “Big River Steel,” and...
perspeXtives: Policy | August 19, 2022
People: The Real Power of Community Engagement
Giving back to support the communities where we live and work has been a tradition and commitment at U. S. Steel since our beginnings in 1901. We’ve always believed that our business thrives when we are actively engaged in the communities that surround us.When we envision the future, it’s impossible to separate the interests of our company and our communities. They’re inextricably linked. The...
Newsroom Type: Press Release YEAR: 2022 | August 17, 2022
United States Steel Corporation, Big River Steel LLC and BRS Finance Corp. Commence Tender Offers to Purchase for Cash $300,000,000 Aggregate Principal Amount of Securities
Includes offers for securities issued by United States Steel Corporation and co-issued by Big River Steel LLC and BRS Finance Corp.PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “Company”) and its subsidiaries, Big River Steel LLC, a Delaware limited liability company, and BRS Finance Corp., a Delaware corporation (together, “Big River Steel,” and...
Newsroom Type: Press Release YEAR: 2022 | August 16, 2022
U. S. Steel, Equinor and Shell to Explore Regional Clean Energy Opportunities
Clean energy hub in Ohio, Pennsylvania and West Virginia would generate new jobs, stimulate economic growth, and reduce carbon emissions PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) Equinor US Holdings Inc (NYSE: EQNR) (“Equinor”), and Shell US Gas & Power LLC (NYSE: SHEL) (“Shell”) have entered into a non-exclusive Cooperation Agreement to...
Newsroom Type: Press Release YEAR: 2022 | August 09, 2022
U. S. Steel Publishes 2022 Diversity, Equity and Inclusion Report
First-ever report by the company highlights continued progress in initiatives that foster more diverse, equitable and inclusive workplaces. PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today published its first-ever Diversity, Equity & Inclusion (DE&I) Report, which highlights its measurable progress and ongoing commitment to supporting...
Newsroom Type: Press Release YEAR: 2022 | August 03, 2022
U. S. Steel Foundation Awards College Scholarships to Employees’ Children
PITTSBURGH--(BUSINESS WIRE)-- 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 outstanding...
Newsroom Type: Press Release YEAR: 2022 | July 28, 2022
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 8, 2022, to stockholders of record at the close of business on Monday, August 8, 2022. Founded in 1901, United States Steel Corporation is a...
Newsroom Type: Press Release YEAR: 2022 | July 28, 2022
United States Steel Corporation Reports Record Second Quarter 2022 Results
Announcing a new $500 million stock buyback authorization Second quarter net earnings of $978 million. Reported net earnings per diluted share of $3.42 Record second quarter adjusted net earnings of $1,104 million. Adjusted net earnings per diluted share of $3.86 Record second quarter adjusted EBITDA of $1,620 million PITTSBURGH--(BUSINESS WIRE)--...
perspeXtives: Policy | July 25, 2022
How Do We Mitigate Ethical Risk?
It seems every year a new corporate scandal rocks everyone from Wall Street to Main Street. For companies, the repercussions can be severe: enforcement actions, lawsuits, civil and/or criminal penalties, and reputational damage. While no organization is immune, is U. S. Steel at risk? A few years back, Harvard Business Review published an article written by Alison Taylor titled, “5...