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Newsroom Type: Press Release YEAR: 2020 | October 29, 2020

United States Steel Corporation Declares Dividend

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) announced today that its Board of Directors declared a dividend of $0.01 per share on U. S. Steel Common Stock. The dividend is payable Thursday, December 10, 2020 to stockholders of record at the close of business Monday, November 9, 2020. Founded in 1901, the United States Steel Corporation is a Fortune 250 company and...

Newsroom Type: Press Release YEAR: 2020 | October 29, 2020

United States Steel Corporation Reports Third Quarter 2020 Results

Net loss of $234 million, or $1.06 per diluted share Adjusted net loss of $268 million, or $1.21 per diluted share Adjusted EBITDA of $(49) million Liquidity of $2.864 billion, including cash of $1.696 billion PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) reported third quarter 2020 net loss of $234 million, or $1.06 per diluted share. Adjusted net loss was...

Newsroom Type: Press Release YEAR: 2020 | October 26, 2020

U. S. Steel Announces Successful Start-Up of New Electric Arc Furnace at Its Alabama Facility

PITTSBURGH--(BUSINESS WIRE)-- Today, U. S. Steel announced the successful start-up of its newly constructed, technologically advanced electric arc furnace (EAF) steelmaking facility at its Fairfield, Alabama, operations. The EAF start-up is the latest milestone providing customer value through the company’s “Best of Both” integrated and mini-mill technology strategy. Commenting on the...

Newsroom Type: Press Release YEAR: 2020 | October 12, 2020

U. S. Steel Conference Call Available on Company Website

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) announced today that interested stockholders, investors, and others may listen to the company’s third quarter 2020 conference call with securities analysts on Friday, October 30 at 8:30 a.m. EDT. The call, which will be available via the U. S. Steel website, will cover third quarter financial results and may include...

Newsroom Type: Press Release YEAR: 2020 | September 29, 2020

The Manufacturing Institute Recognizes U. S. Steel Chief Financial Officer Christine Breves With STEP Ahead Award

PITTSBURGH--(BUSINESS WIRE)-- The Manufacturing Institute awarded a national STEP Ahead Award to U. S. Steel Chief Financial Officer Christine Breves. The STEP Ahead Awards honor women who have demonstrated excellence and leadership in their careers and represent all levels of the manufacturing industry from the factory floor to the C-suite. Of the award, President and Chief Executive Officer...

Newsroom Type: Press Release YEAR: 2020 | September 28, 2020

U. S. Steel Names Kenneth Jaycox Senior Vice President and Chief Commercial Officer

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) President and Chief Executive Officer David B. Burritt today announced the appointment of Kenneth Jaycox as Senior Vice President and Chief Commercial Officer. Jaycox succeeds Douglas R. Matthews, who will retire in January. Jaycox will report to Burritt as a member of the company’s executive management team. In this...

Newsroom Type: Press Release YEAR: 2020 | September 25, 2020

U. S. Steel Senior Vice President – Chief Commercial & Technology Officer, Tubular and Mining Solutions Douglas R. Matthews to Retire After 33 Years

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today announced that Douglas R. Matthews, Senior Vice President – Chief Commercial & Technology Officer, Tubular and Mining Solutions has informed the company of his intention to retire in January 2021, after 33 years of service with the company. This press release features multimedia. View the full release here:...

Newsroom Type: Press Release YEAR: 2020 | September 18, 2020

United-States-Steel-Corporation-Provides-Third-Quarter-2020-Guidance

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) today provided third quarter 2020 guidance. Third quarter 2020 adjusted EBITDA is expected to be approximately ($100) million. The Company expects third quarter 2020 adjusted diluted loss per share to be approximately ($1.45). “Improving market conditions experienced in June and July have accelerated through August and...

Newsroom Type: Press Release YEAR: 2020 | September 18, 2020

United States Steel Corporation Provides Third Quarter 2020 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided third quarter 2020 guidance. Third quarter 2020 adjusted EBITDA is expected to be approximately ($100) million. The Company expects third quarter 2020 adjusted diluted loss per share to be approximately ($1.45). “Improving market conditions experienced in June and July have accelerated through August and...

Newsroom Type: Press Release YEAR: 2020 | July 30, 2020

United States Steel Corporation Declares Dividend

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) announced today that its Board of Directors declared a dividend of $0.01 per share on U. S. Steel Common Stock. The dividend is payable September 10, 2020 to stockholders of record at the close of business August 10, 2020. 2020-032 Founded in 1901, the United States Steel Corporation is a Fortune 250 company and leading...

Newsroom Type: Press Release YEAR: 2020 | July 30, 2020

United States Steel Corporation Reports Second Quarter 2020 Results

Net loss of $589 million, or $3.36 per diluted share Adjusted net loss of $469 million, or $2.67 per diluted share Adjusted EBITDA loss of $264 million Liquidity of $2.652 billion, including cash of $2.300 billion PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE:X) reported second quarter 2020 net loss of $589 million, or $3.36 per diluted share. Adjusted net loss was...

Newsroom Type: Press Release YEAR: 2020 | July 29, 2020

Summer Food Program Provides Free Healthy Food to Hundreds of Children in Clairton

PITTSBURGH, July 29, 2020 — The American Heart Association and U. S. Steel are working together to improve the health of our communities through The Summer Food Program. Healthy grab and go meals that include breakfasts and lunches are being delivered to kids across Clairton, five days a week throughout the summer. Proper nutrition and access to healthy options are essential in...

Newsroom Type: Press Release YEAR: 2020 | July 27, 2020

Tracy A. Atkinson Elected to U. S. Steel Board of Directors

PITTSBURGH, July 27, 2020– United States Steel Corporation (NYSE: X) today announced that Tracy A. Atkinson has been elected to the company's Board of Directors. Ms. Atkinson retired from State Street Corporation in March 2020 after advancing through a series of leadership roles during her 12 years with the company. She joined State Street in 2008 as an Executive Vice President and held...

Newsroom Type: Press Release YEAR: 2020 | July 22, 2020

U. S. Steel Partners with Susquehanna Service Dogs to Fully Fund an Assistance Dog

PITTSBURGH July 22, 2020– U. S. Steel and Susquehanna Service Dogs (SSD), a program of Keystone Human Services, are pleased to announce a partnership to fully fund an assistance dog who will be paired with an individual in the Pittsburgh area. This partnership covers the cost of breeding, raising, training, and placing an assistance dog to assist someone with a disability to live more...

Newsroom Type: In The News YEAR: 2020 | June 24, 2020

U. S. Steel Foundation Awards College Scholarships to Students

PITTSBURGH, June 23, 2020 – United States Steel Corporation (NYSE: X) announced the award of college scholarships to thirty-five students across the country. 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 of our valued employees,” said U. S. Steel...

Newsroom Type: Press Release YEAR: 2020 | June 17, 2020

United States Steel Corporation Announces Pricing of Common Stock Offering

PITTSBURGH, June 17, 2020 – United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) today announced the pricing of its previously announced underwritten public offering of 50,000,000 shares of common stock, for gross proceeds of approximately $429 million. The company has granted the underwriter a 30-day option to purchase up to 7,500,000 additional shares of common stock...

Newsroom Type: Press Release YEAR: 2020 | June 17, 2020

United States Steel Corporation Announces Common Stock Offering

PITTSBURGH, June 17, 2020 – United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) today announced that it has commenced an underwritten public offering of 50,000,000 shares of common stock. U. S. Steel intends to grant the underwriter a 30-day option to purchase up to 7,500,000 additional shares of common stock from the company. U. S. Steel intends to use the net...

Newsroom Type: In The News YEAR: 2020 | May 29, 2020

U. S. Steel Releases 2019 Sustainability Report

PITTSBURGH, May 29, 2020 - United States Steel Corporation (NYSE:X) today released its 2019 Sustainability Report, detailing its accomplishments in Environmental, Social and Governance (ESG) issues of importance to the company and its stakeholders. The report explores how the company’s “best of both” strategy is transforming U. S. Steel into a sustainable, competitive business that will...

Newsroom Type: Press Release YEAR: 2019 | October 17, 2019

U. S. Steel Inducted into the Indiana Manufacturers Hall of Fame

INDIANAPOLIS, October 16, 2019 – Today, United States Steel Corporation (NYSE: X) was inducted into the 2019 Indiana Manufacturers Association's (IMA) Hall of Fame at the Biltwell Event Center. The company was chosen by the organization for its the positive achievements and contributions to the industry, as well as an ongoing commitment to its 4,000 employees in the region and community. “We...

Newsroom Type: Press Release YEAR: 2019 | July 29, 2019

U. S. Steel Named Official Partner of the Pittsburgh Steelers

PITTSBURGH, July 29, 2019 – The Pittsburgh Steelers and U. S. Steel have announced a new multi-year partnership agreement, which will unite two legendary Pittsburgh-based organizations in an effort to support education and community pride. The organizations are teaming up to launch the first Steelers-themed STEM education program. The partnership’s focus on STEM education initiatives...