Media - Newsroom - www.ussteel.com

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...

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)--...

Newsroom Type: Press Release YEAR: 2022 | July 21, 2022

U. S. Steel Issues 2021 Sustainability Report Highlighting Continued Progress in Areas of Environmental, Social and Governance

Focus on sustainable and innovative customer solutions, empowering people and protecting the environment PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today issued its 2021 Sustainability Report highlighting its continued transformation and investments in sustainable and advanced steelmaking technologies, enhancing the Company’s competitive...

Newsroom Type: Press Release YEAR: 2022 | July 20, 2022

United States Steel Corporation Scores 100 on 2022 Disability Equality Index

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it received the top score of 100 from the Disability Equality Index (DEI) and is among the “Best Places to Work for Disability Inclusion.” DEI is the premier benchmarking tool to help companies take measurable, tangible actions that achieve disability inclusion and equality. This...

Newsroom Type: Press Release YEAR: 2022 | July 20, 2022

United States Steel Corporation to Release Second Quarter 2022 Financial Results on July 28, 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 second quarter 2022 on Thursday, July 28, 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, July 29, 2022, at 8:30 a.m. ET. The...

Newsroom Type: Press Release YEAR: 2022 | June 28, 2022

U. S. Steel Announces Update on Metallics Strategy

By upgrading iron ore capabilities in Minnesota and repurposing blast furnaces at Granite City Works in Illinois with SunCoke Energy, the Company aims to expand its domestic, low-cost iron ore advantage PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) ("U. S. Steel") announced today it would expand its low-cost iron ore competitive advantage and increase its...

Newsroom Type: Press Release YEAR: 2022 | June 22, 2022

University of Illinois Receives $3.5 Million from the Department of Energy to Advance Air Capture and Storage Study at U. S. Steel’s Gary Works

Study will explore capturing carbon dioxide from the air and storing in concrete University of Illinois will lead the front-end engineering design study at U. S. Steel’s Gary Works in Gary, Indiana Studywill focus on the advancement of a direct air capture and utilization system and is anticipated to aid in developing sustainable approaches to carbon reduction ...

Newsroom Type: Press Release YEAR: 2022 | June 16, 2022

United States Steel Corporation Provides Record Second Quarter 2022 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided second quarter 2022 guidance. Second quarter 2022 adjusted EBITDA is expected to be approximately $1.6 billion, a new all-time best second quarter performance. Second quarter 2022 adjusted net earnings per diluted share is expected to be in the range of $3.83 to $3.88. “We expect to continue delivering...

Newsroom Type: Press Release YEAR: 2022 | June 14, 2022

United States Steel Corporation Names Jessica Graziano as Senior Vice President and Chief Financial Officer

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today the appointment of Jessica T. Graziano as Senior Vice President and Chief Financial Officer, effective August 8, 2022. Ms. Graziano will report directly to David B. Burritt, President and Chief Executive Officer, and have responsibility for all aspects of finance, including financial...

Newsroom Type: Press Release YEAR: 2022 | June 01, 2022

U. S. Steel Extends Sustainability-Linked ABL Credit Facility

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “company”) today announced that it has completed an amendment and restatement of the company’s $1.75 billion asset-based sustainability-linked credit facility (the “ABL”). The ABL maturity has been extended to 2027 and contains targeted sustainability key performance indicators (KPIs) related to...

Newsroom Type: Press Release YEAR: 2022 | May 26, 2022

U. S. Steel Celebrates Investment in America with Strategic Pig Iron Caster at Gary Works

Multi-million-dollar investment at Gary Works to support domestic supply chain Iron ore from U. S. Steel’s Minnesota Ore Operations will feed caster Caster will produce 500,000 tons of pig iron to feed the Company’s electric arc furnaces GARY, Ind.--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) employees joined United Steelworkers (USW) leadership,...

Newsroom Type: Press Release YEAR: 2022 | May 10, 2022

U. S. Steel, Pittsburgh Penguins Team Up in Support of Braddock Carnegie Library

CEO & Hockey Hall of Famer to Serve as Co-Chairs of Capital Campaign PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) and the Pittsburgh Penguins announced today that Penguin’s alumni and Hockey Hall of Famer Bryan Trottier and David B. Burritt, President & CEO of U. S. Steel, will serve as Honorary Co-Chairs of an $18 million capital...

Newsroom Type: Press Release YEAR: 2022 | April 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 Wednesday, June 8, 2022, to stockholders of record at the close of business on Monday, May 9, 2022. Founded in 1901, United States Steel Corporation is a leading...

Newsroom Type: Press Release YEAR: 2022 | April 28, 2022

United States Steel Corporation Reports Record First Quarter 2022 Results

EXPECTING TO DELIVER RECORD SECOND QUARTER PERFORMANCE Record first quarter net earnings of $882 million, or $3.02 per diluted share Record first quarter adjusted net earnings of $891 million, or $3.05 per diluted share Record first quarter adjusted EBITDA of $1.337 billion PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X)...