Media - Newsroom - www.ussteel.com

Newsroom Type: Press Release YEAR: 2022 | October 05, 2022

U. S. Steel Celebrates Advancement in Metallics Strategy with DR-Grade Pellet Capability at Keetac

KEEWATIN, Minn.--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) leadership and employees were joined by Minnesota Governor Tim Walz, other elected officials, and key partners to celebrate the Company’s investment in direct reduced (DR)-grade pellet capabilities at its Minnesota Ore Operations Keetac plant today. The investment marks a step forward in U. S....

Newsroom Type: Press Release YEAR: 2022 | September 23, 2022

U. S. Steel, Pittsburgh Penguins, Community Partners, Join Governor Tom Wolf to Break Ground for Braddock Carnegie Library Renovation

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) joined Pennsylvania Governor Tom Wolf and community partners including The Braddock Carnegie Library Association (BCLA) and the Pittsburgh Penguins today at a groundbreaking celebration for the Carnegie One Capital Campaign to renovate the Braddock Carnegie Library. This press release features...

Newsroom Type: Press Release YEAR: 2022 | September 15, 2022

United States Steel Corporation Provides Third Quarter 2022 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided third quarter 2022 guidance. Third quarter 2022 adjusted EBITDA is expected to be approximately $825 million. Third quarter 2022 adjusted net earnings per diluted share is expected to be in the range of $1.90 to $1.95. “The third quarter marks another important step towards our Best for All® future,”...

Newsroom Type: Press Release YEAR: 2022 | September 07, 2022

United States Steel Corporation Donates $1M to Osceola-Area Organizations

OSCEOLA, Ark.--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”), through its Big River Works facilities, today presented $1 million in donations to organizations in Osceola and Mississippi County, Arkansas, to help equip the community for the future by strengthening infrastructure and essential services. This press release features multimedia. View the full...

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...

perspeXtives: Policy | August 19, 2022

People: The Real Power of Community Engagement

Giving back to support the communities where we live and work has been a tradition and commitment at U. S. Steel since our beginnings in 1901. We’ve always believed that our business thrives when we are actively engaged in the communities that surround us.When we envision the future, it’s impossible to separate the interests of our company and our communities. They’re inextricably linked. The...

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)--...

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 ...