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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...

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

United States Steel Corporation Releases 2020 Sustainability Report

“Balancing human progress and the health of our planet is the challenge of our lifetimes, and for energy- and resource-intensive industries like steelmaking, it’s a complex and daunting proposition. But U. S. Steel has never backed down from a big challenge. We are forging a bold path forward to achieve that critical balance by producing steel in ways that are Best for All ℠ – customers,...

Newsroom Type: Press Release YEAR: 2021 | June 08, 2021

U. S. Steel Announces Sale of Transtar, LLC to Fortress Transportation and Infrastructure Investors LLC for $640 Million

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel” or the "Company") announced today that it has agreed to sell Transtar, LLC to an affiliate of Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) (“FTAI”) for $640 Million. The transaction is expected to close in the third quarter of 2021, subject to customary closing conditions including...

Newsroom Type: In The News YEAR: 2021 | April 30, 2021

An Open Letter to our Pittsburgh Family

For 120 years, U. S. Steel has been intertwined with the development and evolution of Pittsburgh. Together, we built a proud legacy of steelmaking that made this America’s “Steel City.Almost two years ago, U. S. Steel was excited to stand shoulder to shoulder with our workers, community leaders, and neighbors to announce an investment in state-of-the-art steel casting and rolling...

Newsroom Type: Press Release YEAR: 2021 | April 29, 2021

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 $0.01 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday, June 9, 2021 to stockholders of record at the close of business on Monday, May 10, 2021.Founded in 1901, the United States Steel Corporation is a Fortune 250...

Newsroom Type: Press Release YEAR: 2021 | April 29, 2021

United States Steel Corporation Reports First Quarter 2021 Results

Net earnings of $91 million, or $0.35 per diluted shareAdjusted net earnings of $283 million, or $1.08 per diluted shareAdjusted EBITDA of $551 millionLiquidity of $2.909 billion, including cash of $753 millionPITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) reported first quarter 2021 net earnings of $91 million, or $0.35 per diluted share. Adjusted net earnings was $283...

Newsroom Type: Press Release YEAR: 2021 | April 22, 2021

United States Steel Corporation is First North American Steel Producer to Join ResponsibleSteel™

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced its membership in ResponsibleSteel™, a global not-for-profit forum for all members of the steel supply chain and civil society organizations to work together to promote steel’s contribution to a sustainable future.This press release features multimedia. View the full release here:...

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

United States Steel Corporation Announces Goal to Achieve Carbon Neutrality by 2050

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today expanded its transformational commitment to sustainability by setting an ambitious goal targeting net-zero carbon emissions by 2050.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210421005580/en/To achieve its net-zero goal for 2050, U. S....

Newsroom Type: Press Release YEAR: 2021 | April 12, 2021

United States Steel Corporation to Release First Quarter 2021 Financial Results on April 29, 2021

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the first quarter 2021 on Thursday, April 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, April 30, 2021 at 8:30 a.m. EDT. The...

Newsroom Type: Press Release YEAR: 2021 | March 26, 2021

Pittsburgh Penguins, Penguins Foundation and U. S. Steel Announce Partnership and Commitments to the Community

PITTSBURGH--(BUSINESS WIRE)-- The Pittsburgh Penguins, the Penguins Foundation, and U. S. Steel announced an official multi-year partnership today, focusing on the betterment and growth of our communities. The Penguins and U. S. Steel are joining forces as pillars in the Pittsburgh Community to invest in literacy and provide access to sports. “The Penguins remain committed to the advancement...

Newsroom Type: Press Release YEAR: 2021 | March 24, 2021

U. S. Steel Confirms Major Near-Term Expansion of Sustainability Commitments at Ceres 2021

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today announced its enhanced commitment to sustainable practices and the 2021 introduction of a new sustainable steel product line, verdeX™. These commitments were confirmed during the company’s leadership presence on the sustainable steel panel of the Ceres Conference 2021: Transform Tomorrow Today. The lead panelist for...

Newsroom Type: Press Release YEAR: 2021 | March 15, 2021

U. S. Steel Congratulates Eugene B. Sperling on His Appointment to Biden Administration

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) congratulated Eugene B. Sperling for his appointment to the Biden Administration, and thanked him for his contributions as a member of the company’s Board of Directors. “Gene Sperling has provided superb economic and strategic insight during his tenure on U. S. Steel’s Board,” U. S. Steel Chairman of the Board David S....

Newsroom Type: Press Release YEAR: 2021 | March 14, 2021

United States Steel Corporation Issues Revision to First Quarter 2021 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided a revision to the first quarter 2021 guidance provided on March 12, 2021. Expected first quarter 2021 adjusted EBITDA is unchanged at approximately $540 million and excludes impacts related to acquiring the remaining stake in Big River Steel. First quarter 2021 adjusted net earnings has been recalculated and...

Newsroom Type: Press Release YEAR: 2021 | March 12, 2021

United States Steel Corporation Provides First Quarter 2021 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided first quarter 2021 guidance. First quarter 2021 adjusted EBITDA is expected to be approximately $540 million and excludes impacts related to acquiring the remaining stake in Big River Steel. First quarter 2021 adjusted net income is expected to be approximately $160 million and excludes impacts related to...