Media - Newsroom - www.ussteel.com

Newsroom Type: In The News YEAR: 2021 | November 07, 2021

United States Steel Corporation’s Statement on Passage of Infrastructure Bill

November 05, 2021“Passage of the infrastructure bill is a major advance for the long term vitality of the U.S. economy. With President Biden’s expected signing, the men and women of America will soon be deploying their grit and ingenuity to a no regrets rebuilding of America as the world leader. There’s no doubt that American industry and people will leverage our capabilities to sustainably...

Newsroom Type: Press Release YEAR: 2021 | October 28, 2021

United States Steel Corporation Reports Record Third Quarter 2021 Results

Net earnings of $2.002 billion, or $6.97 per diluted shareAdjusted net earnings of $1.543 billion, or $5.36 per diluted shareAdjusted EBITDA of $2.027 billionLiquidity of $4.503 billion, including cash of $2.044 billionPITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) reported third quarter 2021 net earnings of $2.002 billion, or $6.97 per diluted share. Adjusted net...

Newsroom Type: Press Release YEAR: 2021 | October 28, 2021

United States Steel Corporation Announces a $300 Million Stock Repurchase Program and Increases Its Quarterly Dividend to $0.05 Per Share

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that its Board of Directors approved significant enhancements to its capital allocation priorities aligned with the continued execution of its Best for All℠strategy. The enhancements include:A stock repurchase program under which up to $300 million of the Company’s outstanding common stock...

Newsroom Type: Press Release YEAR: 2021 | October 22, 2021

United States Steel Corporation Named to Newsweek’s List of the Most Loved Workplaces for 2021

U. S. Steel Ranked 43rd Among 100 U.S. Companies Recognized for Employee Sentiment and SatisfactionPITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) was featured today in Newsweek’s Most Loved Workplaces list for 2021, ranking 43rd among the top 100 companies recognized for employee happiness and satisfaction at work.This press release features multimedia....

Newsroom Type: Press Release YEAR: 2021 | October 12, 2021

United States Steel Corporation to Release Third Quarter 2021 Financial Results on October 28, 2021

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the third quarter 2021 on Thursday, October 28, 2021 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 29, 2021 at 8:30 a.m. EDT. The...

Newsroom Type: Press Release YEAR: 2021 | September 16, 2021

United States Steel Corporation Provides Third Quarter 2021 Guidance and Deleveraging Update

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided third quarter 2021 guidance. Third quarter 2021 adjusted EBITDA is expected to be approximately $2.0 billion. This compares to second quarter 2021 adjusted EBITDA of approximately $1.3 billion.“We expect the third quarter to be a quarter of records for U. S. Steel. Supported by strong reliability and quality...

Newsroom Type: Press Release YEAR: 2021 | September 16, 2021

United States Steel Corporation Announces a Site Selection Process to Expand its Mini Mill Steelmaking Advantage

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today announced, as part of the continued transition to its Best for All℠ strategy, an exploratory site selection process to build a new state-of-the-art mini mill in the United States. The U. S. Steel Board of Directors has authorized an exploratory site selection process to build capability with a new, three-million-ton...

Newsroom Type: In The News YEAR: 2021 | August 09, 2021

Clairton City School District and U. S. Steel Celebrate Grand Reopening After Major Renovations

PITTSBURGH, August 9, 2021 – On August 11, Clairton City School District and United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “company”) will celebrate the grand reopening of the Clairton Education Center. After the challenges of the pandemic and flooding, this is a major milestone for Clairton’s students, teachers, and families.U. S. Steel employees assisted with the...

Newsroom Type: Press Release YEAR: 2021 | July 29, 2021

United States Steel Corporation Declares Dividend

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that its Board of Directors declared a dividend of $0.01 per share of U. S. Steel Common Stock. The dividend is payable on Thursday, September 9, 2021 to stockholders of record at the close of business on Monday, August 9, 2021.Founded in 1901, United States Steel Corporation is a leading...

Newsroom Type: Press Release YEAR: 2021 | July 29, 2021

United States Steel Corporation Reports Second Quarter 2021 Results

Net earnings of $1,012 million, or $3.53 per diluted shareAdjusted net earnings of $964 million, or $3.37 per diluted shareAdjusted EBITDA of $1,286 millionLiquidity of $4.176 billion, including cash of $1.329 billionPITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) reported second quarter 2021 net earnings of $1,012 million, or $3.53 per diluted share. Adjusted net...

Newsroom Type: Press Release YEAR: 2021 | July 23, 2021

U. S. Steel Adds Sustainability Performance Targets to Credit Facilities to Support Best for All℠ Strategy

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel” or “company”) today announced changes to two asset-based credit facilities that reward performance for meeting sustainability targets. This is part of the ongoing execution of the company’s Best for All℠ strategy of creating profitable solutions for sustainable steelmaking.At the company’s request, its $2...

Newsroom Type: Press Release YEAR: 2021 | July 15, 2021

United States Steel Corporation to Release Second Quarter 2021 Financial Results on July 29, 2021

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the second quarter 2021 on Thursday, July 29, 2021 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 30, 2021 at 8:30 a.m. EDT. The...

Newsroom Type: Press Release YEAR: 2021 | July 06, 2021

U. S. Steel Foundation Awards College Scholarships to Employees’ Sons & Daughters

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) announced the awarding of college scholarships to twenty 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 children...

Newsroom Type: Press Release YEAR: 2021 | June 29, 2021

U. S. Steel to Work with Equinor to Assess Hydrogen, Carbon Capture and Storage Development

Non-exclusive Collaboration Explores Feasibility of Tri-state Hydrogen HubPITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced execution of a non-exclusive Memorandum of Understanding (“MOU”) with Equinor US Holdings Inc., an affiliate of Equinor ASA (NYSE: EQNR). Under the MOU, the companies will study the potential for carbon capture and...

Newsroom Type: Press Release YEAR: 2021 | June 17, 2021

United States Steel Corporation Provides Second Quarter 2021 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided second quarter 2021 guidance. Second quarter 2021 adjusted EBITDA is expected to be approximately $1.2 billion. Second quarter 2021 adjusted net income is expected to be approximately $880 million and excludes impacts primarily related to certain restructuring and asset impairment charges. The Company expects...

Newsroom Type: Press Release YEAR: 2021 | June 17, 2021

United States Steel Corporation Announces Redemption of 6.875% Senior Notes Due 2025

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) announced today that it issued a notice of redemption to redeem the entirety of its approximately $718 million aggregate principal amount of outstanding 6.875% Senior Notes due 2025 (the “Notes”). Pursuant to the terms of the Notes and the indenture governing the Notes, U. S. Steel expects...

Newsroom Type: Press Release YEAR: 2021 | June 16, 2021

United States Steel Corporation Releases 2020 Sustainability Report

“Balancing human progress and the health of our planet is the challenge of our lifetimes, and for energy- and resource-intensive industries like steelmaking, it’s a complex and daunting proposition. But U. S. Steel has never backed down from a big challenge. We are forging a bold path forward to achieve that critical balance by producing steel in ways that are Best for All ℠ – customers,...

Newsroom Type: Press Release YEAR: 2021 | June 08, 2021

U. S. Steel Announces Sale of Transtar, LLC to Fortress Transportation and Infrastructure Investors LLC for $640 Million

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel” or the "Company") announced today that it has agreed to sell Transtar, LLC to an affiliate of Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) (“FTAI”) for $640 Million. The transaction is expected to close in the third quarter of 2021, subject to customary closing conditions including...

Newsroom Type: In The News YEAR: 2021 | April 30, 2021

An Open Letter to our Pittsburgh Family

For 120 years, U. S. Steel has been intertwined with the development and evolution of Pittsburgh. Together, we built a proud legacy of steelmaking that made this America’s “Steel City.Almost two years ago, U. S. Steel was excited to stand shoulder to shoulder with our workers, community leaders, and neighbors to announce an investment in state-of-the-art steel casting and rolling...

Newsroom Type: Press Release YEAR: 2021 | April 29, 2021

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 $0.01 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday, June 9, 2021 to stockholders of record at the close of business on Monday, May 10, 2021.Founded in 1901, the United States Steel Corporation is a Fortune 250...