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Newsroom Type: Press Release YEAR: 2024 | May 02, 2024

United States Steel Corporation Reports First Quarter 2024 Results

First quarter 2024 net earnings of $171 million, or $0.68 per diluted share. First quarter 2024 adjusted net earnings of $206 million, or $0.82 per diluted share. Includes an approximately $0.04 per diluted share unfavorable inventory impact versus our March 18 adjusted net earnings per diluted share guidance of between $0.80 and $0.84 per diluted share. First quarter 2024 adjusted...

Newsroom Type: Press Release YEAR: 2024 | May 01, 2024

U. S. Steel Battery-Powered Locomotives Receive “Governor’s Award for Environmental Excellence” from the Pennsylvania Department of Environmental Protection

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (“U. S. Steel” or the “Company”) (NYSE: X) received the “Governor’s Award for Environmental Excellence” from the Pennsylvania Department of Environmental Protection (DEP) for converting two of its diesel locomotives to battery power. The locomotives are located at the Mon Valley Works’ Edgar Thomson and Clairton Plants where...

Newsroom Type: Press Release YEAR: 2024 | April 16, 2024

United States Steel Corporation to Release First Quarter 2024 Financial Results on May 2, 2024

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the first quarter 2024 on Thursday, May 2, 2024, following the close of trading on the New York Stock Exchange. As previously announced, on December 18, 2023, the company entered into a definitive merger agreement to be acquired by Nippon...

Newsroom Type: Press Release YEAR: 2024 | April 12, 2024

U. S. Steel Stockholders Approve Transaction with Nippon Steel Corporation (NSC)

Combination Will Create “Best Steelmaker with World-Leading Capabilities” Stockholders’ Approval Represents Key Milestone Toward Completion of Transaction PITTSBURGH--(BUSINESS WIRE)-- Following the special meeting of stockholders (the “Special Meeting”) held earlier today, United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced that, based on the preliminary vote count,...

Newsroom Type: Press Release YEAR: 2024 | April 03, 2024

U. S. Steel and CarbonFree Sign Definitive Agreement to Capture Carbon Dioxide Emissions at One of the Largest North American Integrated Steel Mills

The agreement sets in motion a project to capture emissions from U. S. Steel’s blast furnaces CarbonFree’s SkyCycle™ technology will capture and mineralize up to 50,000 metric tons of carbon dioxide annually at U. S. Steel’s facility in Gary, Indiana, to convert emissions into specialty-grade, carbon-neutral calcium carbonate The project will be the first commercial-scale carbon capture...

Newsroom Type: Press Release YEAR: 2024 | March 29, 2024

Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend U. S. Steel Shareholders Vote “FOR” the Pending Transaction with Nippon Steel Corporation (NSC)

ISS and Glass Lewis Recommendations Reiterate that Transaction Delivers Clear Benefits to U. S. Steel Shareholders PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have recommended that U. S. Steel...

Newsroom Type: Press Release YEAR: 2024 | March 26, 2024

U. S. Steel Consent Decree for Clairton Plant Incidents Authorized by Environmental Protection Agency and Department of Justice

The Consent Decree between U. S. Steel’s Mon Valley Works – Clairton Plant, Allegheny County Health Department, Clean Air Council, and PennEnvironment includes local community support and facility upgrades. PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) has received authorization for its multi-million-dollar Consent Decree from the United States Environmental...

Newsroom Type: Press Release YEAR: 2024 | March 20, 2024

United States Steel Honors Employees for Community Service with Donations to Charitable Organizations

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) named its Volunteer of the Year along with 12 Service Champions for their community service in 2023 as part of the company’s United by Service initiative. To honor the winners, U. S. Steel is donating to the charitable organization of each employee’s choice. U. S. Steel is donating $15,000 on behalf of...

Newsroom Type: Press Release YEAR: 2024 | March 18, 2024

United States Steel Corporation Provides First Quarter 2024 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided first quarter 2024 adjusted net earnings per diluted share guidance of $0.80 to $0.84. First quarter 2024 adjusted EBITDA is expected to be approximately $425 million. Commenting on first quarter guidance President and Chief Executive Officer David B. Burritt said, “We remain focused on running our...

Newsroom Type: Press Release YEAR: 2024 | March 11, 2024

U. S. Steel Makes Strategic Investment in Pittsburgh-Based Autonomous Warehousing Pioneer -- Freespace Robotics

Company incubated in Carnegie Foundry, a Pittsburgh-based partner of Carnegie Mellon University PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced a strategic investment in Pittsburgh-based Freespace Robotics, a pioneering manufacturer of robotic storage and retrieval systems that are in demand by warehouses worldwide. This investment...

Newsroom Type: Press Release YEAR: 2024 | March 04, 2024

Ethisphere Names U. S. Steel One of the World’s Most Ethical Companies® for Third Consecutive Year

The prestigious annual recognition highlights organizations that have demonstrated a commitment to business integrity through robust ethics, compliance, and governance programs PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it has been named “one of the 2024 World’s Most Ethical Companies®” by Ethisphere, the global leader in...

Newsroom Type: Press Release YEAR: 2024 | February 02, 2024

United States Steel Corporation Publishes Video Highlighting Fourth Quarter and Full-Year 2023 Results

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today published a video in which President and Chief Executive Officer, David B. Burritt and Senior Vice President and Chief Financial Officer, Jessica T. Graziano, review the Company’s fourth quarter and full-year 2023 earnings results, provide earnings guidance for the first quarter 2024 and discuss...

Newsroom Type: Press Release YEAR: 2024 | February 01, 2024

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, March 13, 2024, to stockholders of record at the close of business on Monday, February 12, 2024. Founded in 1901, United States Steel Corporation is a...

Newsroom Type: Press Release YEAR: 2024 | February 01, 2024

United States Steel Corporation Reports Fourth Quarter and Full-Year 2023 Results

Fourth quarter 2023 net loss of $80 million, or $0.36 per diluted share; full-year 2023 net earnings of $895 million, or $3.56 per diluted share. Fourth quarter 2023 adjusted net earnings of $167 million, or $0.67 per diluted share; full-year 2023 adjusted net earnings of $1,195 million, or $4.73 per diluted share. Fourth quarter 2023 adjusted EBITDA of $330 million; full-year 2023...

Newsroom Type: Press Release YEAR: 2024 | January 26, 2024

U. S. Steel Reaches Agreement for Clairton Plant Incidents; Includes Significant Funding to Support Local Communities

Allegheny County Health Department, Clean Air Council, and PennEnvironment have reached a consent decree with U. S. Steel’s Mon Valley Works - Clairton Plant that includes $19.5 million of investments in upgrades to coke oven gas cleaning facilities. U. S. Steel will contribute $4.5 million to support local communities. Clairton battery #15, which has been on hot idle, will move to...

Newsroom Type: Press Release YEAR: 2024 | January 22, 2024

United States Steel Corporation to Release Fourth Quarter and Full Year 2023 Financial Results on February 1, 2024

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 2023 on Thursday, February 1, 2024, following the close of trading on the New York Stock Exchange. As previously announced, on December 18, 2023, the company entered into a definitive merger agreement to be...

Newsroom Type: Press Release YEAR: 2024 | January 18, 2024

U. S. Steel Recognized as One of America’s Greatest Workplaces for Diversity by Newsweek and Plant-A Insights

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it has been named one of “America’s Greatest Workplaces for Diversity 2024” by Newsweek and the market data research firm Plant-A Insights Group, based on their recent independent workplace study. The large-scale and rigorous review spotlights organizations that are providing...

Newsroom Type: Press Release YEAR: 2023 | December 18, 2023

Nippon Steel Corporation (NSC) to Acquire U. S. Steel, Moving Forward Together as the ‘Best Steelmaker with World-Leading Capabilities’

NSC to acquire U. S. Steel for $55.00 per share in an all-cash transaction representing 40% premium, providing certain and immediate value to U. S. Steel shareholders Brings together two storied companies with rich histories of providing excellent products and services and contributing to the development of society Combines world-leading technologies and manufacturing capabilities to...

Newsroom Type: Press Release YEAR: 2023 | December 14, 2023

United States Steel Corporation Provides Fourth Quarter 2023 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided fourth quarter 2023 adjusted net earnings per diluted share guidance of $0.20 to $0.25. Fourth quarter 2023 adjusted EBITDA is expected to be approximately $250 million. Commenting on fourth quarter guidance, President and Chief Executive Officer David B. Burritt said, “Our expected fourth quarter...

Newsroom Type: Press Release YEAR: 2023 | December 07, 2023

U. S. Steel’s Operations in Minnesota Generated $1.8 Billion in Economic Impact

5,284 jobs supported or sustained by economic activity MOUNTAIN IRON, Minn.--(BUSINESS WIRE)-- United States Steel Corporation’s (“U. S. Steel”) Minnesota Ore Operations in the Mesabi Iron Range of northern Minnesota contributed $1.8 billion to the local and state economy in Fiscal Year 2022 (FY22), according to an economic impact report released today. The report further concludes that...