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Newsroom Type: Press Release YEAR: 2022 | January 13, 2022

United States Steel Corporation to Release Fourth Quarter and Full Year 2021 Financial Results on January 27, 2022

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the fourth quarter and full year 2021 on Thursday, January 27, 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, January 28, 2022 at...

Newsroom Type: Press Release YEAR: 2022 | January 11, 2022

U. S. Steel Selects Osceola, Arkansas as Location for Most Advanced Steelmaking Facility in North America

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that its next-generation highly sustainable and technologically advanced steel mill will be located in Osceola, Arkansas, close to U. S. Steel’s cutting-edge Big River Steel plant. The facility is engineered to bring together the most advanced technology to create the steel mill of the future...

Newsroom Type: Press Release YEAR: 2021 | December 21, 2021

Bald Eagle Camera at U. S. Steel Irvin Plant Goes Live

PITTSBURGH--(BUSINESS WIRE)-- For the past three years, a family of bald eagles has been thriving on property at U. S. Steel’s Mon Valley Works Irvin Plant in West Mifflin, Pennsylvania. Today, we are happy to share the beauty of these majestic birds with the community. The Pennsylvania Game Commission has granted U. S. Steel permission to install a live camera that will safely capture...

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

United States Steel Corporation Provides Fourth Quarter 2021 Guidance and Business Updates

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided fourth quarter 2021 guidance. Fourth quarter 2021 adjusted EBITDA is expected to be approximately $1.65 billion.“Our business continues to operate at record safety, quality, and reliability levels,” commented U. S. Steel President and Chief Executive Officer David B. Burritt. “We are ending 2021 from a...

Newsroom Type: Press Release YEAR: 2021 | December 09, 2021

U. S. Steel, Norfolk Southern, and Greenbrier Collaborate on New, Sustainable High-Strength Steel Railcar

Reduced railcar weight lessens carbon emissions; Improved design extends useful lifePITTSBURGH--(BUSINESS WIRE)-- Three of America's leading industrial and transportation companies – United States Steel Corporation (NYSE: X), Norfolk Southern Corporation (NYSE: NSC) and The Greenbrier Companies, Inc. (NYSE: GBX) – today jointly announced a new, more sustainable steel gondola railcar. Using an...

Newsroom Type: Press Release YEAR: 2021 | November 11, 2021

United States Steel Corporation Further Strengthens Balance Sheet by Permanently De-Risking a Portion of its Pension Plan

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced it has purchased group annuity contracts from Banner Life Insurance Company and William Penn Life Insurance Company of New York (both subsidiaries of Legal & General America, Inc. and, together, referred to as “Legal & General”) to transfer approximately $284 million of the Company’s...

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: 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...