Media - Newsroom - www.ussteel.com

perspeXtives: Policy | July 25, 2022

How Do We Mitigate Ethical Risk?

It seems every year a new corporate scandal rocks everyone from Wall Street to Main Street. For companies, the repercussions can be severe: enforcement actions, lawsuits, civil and/or criminal penalties, and reputational damage. While no organization is immune, is U. S. Steel at risk? A few years back, Harvard Business Review published an article written by Alison Taylor titled, “5...

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...

perspeXtives: Product Innovation | June 27, 2022

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

(The following article was extracted from the press release.)Three of America's leading industrial and transportation companies – U. S. Steel, Norfolk Southern Corporation and The Greenbrier Companies, Inc. – jointly announced a new, more sustainable steel gondola railcar. Using an innovative formula for high-strength, lighter-weight steel developed by U. S. Steel, each gondola’s unloaded...

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...

perspeXtives: Policy | May 31, 2022

Taking a steely resolve in trade action

In a recent story in the online publication Vanguard, Ben Caryl, Associate General Counsel at U. S. Steel, explained our mix of defensive and offensive tactics to combat unfair trade.Click to read the full story on Vanguard’s website.

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)...

perspeXtives: Product Innovation | April 25, 2022

Sustainability Helps Shape Promising Future for Automotive Steel

In the battle of public perception regarding the environmental sustainability of steel versus aluminum in the auto industry, aluminum proponents have long advanced a talking point that is compelling in its simplicity. It holds that since aluminum is lighter, vehicles with a higher ratio of aluminum to steel are likely to be more fuel efficient.The point is logical as far as it goes. Its...

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

United States Steel Corporation to Release First Quarter 2022 Financial Results on April 28, 2022; Announces New Q&A Platform for Stockholders

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the first quarter 2022 on Thursday, April 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, April 29, 2022, at 8:30 a.m. ET. The...

Newsroom Type: Press Release YEAR: 2022 | April 04, 2022

ResponsibleSteel™ Awards its First-Ever Site Certification in North America to U. S. Steel’s Big River Steel

Sets New Gold Standard for North American Steel SectorPITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Big River Steel mill in Osceola, Arkansas has achieved the first-ever ResponsibleSteel™ site certification in North America.This press release features multimedia. View the full release here:...

YEAR: 2022 perspeXtives: Customer Spotlight | March 28, 2022

Food Security That Comes in a Can

Every year, farmers grow far more produce than the public could possibly consume fresh from the field.In 2018, for example, U.S. farmers harvested more than 14 million tons of tomatoes, but only about 980,000 tons were sold fresh. The rest went to processors, who canned them whole or turned them into sauce, juice, paste, puree and a wide range of other products.The canning process that...

Newsroom Type: Press Release YEAR: 2022 | March 17, 2022

United States Steel Corporation Provides First Quarter 2022 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided first quarter 2022 guidance. First quarter 2022 adjusted EBITDA is expected to be approximately $1.3 billion, a new all-time record for the first quarter. First quarter 2022 adjusted diluted earnings per share is expected to be in the range of $2.96 to $3.00. “We expect to deliver another strong quarter...