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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: 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: 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: Press Release YEAR: 2018 | August 20, 2018

United States Steel Announces Major Modernization and Asset Revitalization at Gary Works

PITTSBURGH, Aug. 20, 2018 - United States Steel Corporation (NYSE: X) was honored to welcome Indiana Gov. Eric J. Holcomb, Gary Mayor Karen Freeman-Wilson, Gary Common Council President Ronald Brewer and several other officials to its Gary Works facility last week to announce a significant investment in the plant. With the increases in investment due to U. S. Steel’s $2 billion asset...

Newsroom Type: Press Release YEAR: 2018 | July 27, 2018

United States Steel Welcomes President Trump to Granite City Works

PITTSBURGH, July 27, 2018 – Yesterday, United States Steel Corporation (NYSE: X) was honored to welcome President Donald J. Trump to its Granite City Works facility in Granite City, Illinois. U. S. Steel has a long history of welcoming elected officials, including presidents, to its facilities. President Trump delivered remarks on trade, highlighting the facility’s restart of all iron...

Newsroom Type: Press Release YEAR: 2018 | June 24, 2018

Killeen Named Gary Works General Manager

PITTSBURGH, June 22, 2018 – United States Steel Corporation (NYSE: X) announced today that Daniel M. Killeen has been advanced to the position of General Manager Gary Works effective immediately. In this position, he will be responsible for the day-to-day operations of U. S. Steel’s largest integrated steel making facility in Gary, Indiana. Killeen joined U. S. Steel in 1996 as...

Newsroom Type: Press Release YEAR: 2017 | September 25, 2017

United States Steel Corporation and Kobe Steel Announce New Investment in Advanced High-Strength Steel Capabilities

PITTSBURGH, September 25, 2017 – Today, United States Steel Corporation (NYSE: X) and Kobe Steel, Ltd. have announced their agreement to begin construction of a new continuous galvanizing line (CGL) at their subsidiaries’ joint venture, PRO-TEC Coating Company in Leipsic, Ohio, in response to an increased demand for advanced high-strength steels (AHSS). The new CGL, an investment of...

Newsroom Type: Press Release YEAR: 2017 | August 01, 2017

United States Steel Corporation Announces Pricing Of Senior Notes Offering

PITTSBURGH, Aug. 1, 2017 /PRNewswire/ -- United States Steel Corporation (NYSE: X) today announced the pricing of its $750,000,000 aggregate principal amount of 6.875% Senior Notes due 2025 (the "Notes"). The Notes were issued at a price equal to 100% of their face value. The Notes will pay interest semi-annually in arrears on February 15 and August 15 of each year beginning...

Newsroom Type: Press Release YEAR: 2017 | August 01, 2017

United States Steel Issues Statement On Incident At Great Lakes Works

PITTSBURGH, Aug. 1, 2017 /PRNewswire/ -- United States Steel Corporation (NYSE: X) issued the following statement regarding an incident at U. S. Steel's Great Lakes Works facility in Ecorse and River Rouge, Michigan. The company's statement follows: "Earlier today, there was an incident at U. S. Steel's Great Lakes Works in the facility's Hot Strip Mill. "Five employees were transported...

Newsroom Type: Press Release YEAR: 2017 | July 31, 2017

United States Steel Corporation Announces Proposed Senior Notes Offering

PITTSBURGH, July 31, 2017 /PRNewswire/ -- United States Steel Corporation (NYSE: X) (the "Company" or "U. S. Steel") today announced its intention to offer, subject to market and other conditions, $750 million aggregate principal amount of senior notes due 2025 (the "Notes"). The Company intends to use the net proceeds from this offering, together with cash on hand, for the...