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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...
Newsroom Type: Press Release YEAR: 2019 | June 28, 2019
U. S. Steel Reaches Agreement with Allegheny County Health Department to Resolve Enforcement Orders at Clairton Plant
PITTSBURGH, June 28, 2019 – Today, United States Steel Corporation (NYSE: X) announced that it has reached an agreement with the Allegheny County Health Department to resolve the company’s appeal of enforcement orders associated with battery compliance at the company’s Clairton Plant, in Clairton, Pennsylvania. Under the terms of today’s agreement, U. S. Steel committed to an investment of...
Newsroom Type: Press Release YEAR: 2019 | April 29, 2019
United States Steel Announces Leadership Change in Tubular Organization
PITTSBURGH, April 29, 2019- United States Steel Corporation (NYSE: X) Senior Vice President – Industrial, Service Center and Mining Solutions and Tubular Douglas R. Matthews announced today that Vice President – Commercial J. Craig Horan is retiring after a 37-year career in the oil and gas industry. His retirement is effective May 31, 2019. Horan’s career with U. S. Steel began in...
Newsroom Type: Press Release YEAR: 2019 | March 21, 2019
U. S. Steel Announces Enhanced Benefits For Workforce
Industry-leading benefits package reflects culture of caring and inclusivity PITTSBURGH, March 21, 2019 – United States Steel Corporation (NYSE: X) announced a number of new and enhanced benefits the company has made available to its non-represented employees to support the diverse and inclusive workforce at the company. All new benefits will be available in full by April 1, though most became...
Newsroom Type: Press Release YEAR: 2019 | March 18, 2019
Brown Named Great Lakes Works General Manager
PITTSBURGH, March 18, 2019 – United States Steel Corporation (NYSE: X) announced today that Daniel (Dan) R. Brown has been advanced to the position of General Manager, Great Lakes Works effective April 1, 2019. In this position, he will be responsible for the day-to-day operations of Automotive Solutions’ fully integrated steel mill, Great Lakes Works, located in Ecorse, Michigan, and the...
Newsroom Type: Press Release YEAR: 2019 | March 06, 2019
Richard L. Fruehauf Named Senior Vice President
PITTSBURGH, March 6, 2018 – United States Steel Corporation (NYSE: X) announced that Richard L. Fruehauf has been named senior vice president of strategic planning and corporate development. Fruehauf previously held the position of vice president. The change was effective March 1. Fruehauf will continue to report to President and CEO David B. Burritt. “Rich has been an important...
Newsroom Type: In The News YEAR: 2019 | January 18, 2019
U. S. Steel Updates ACHD on Repairs and Progress
We have been providing regular verbal and written updates to the Allegheny County Health Department (ACHD) while we continue to work around the clock to make the necessary repairs to bring the facility back to normal operations as quickly as possible. Today, we delivered a weekly written update to the department containing mitigation updates, a list of completed repairs and upcoming repairs....