Newsroom Type: Press Release YEAR: 2023 | September 20, 2023

NETL Collaborates with U. S. Steel to Capture Greenhouse Gas at Edgar Thomson Plant

PITTSBURGH--(BUSINESS WIRE)-- NETL and United States Steel Corporation (“U. S. Steel” or the “Company”) (NYSE: X) plan to test an advanced membrane technology to capture carbon dioxide (CO2) emissions generated by steelmaking operations at the Company’s Edgar Thomson Plant, located in Braddock, Pennsylvania. The project is part of the U.S. Department of Energy (DOE)/NETL Point Source...

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

United States Steel Corporation Provides Third Quarter 2023 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided third quarter 2023 adjusted net earnings per diluted share guidance of $1.10 to $1.15. Third quarter 2023 adjusted EBITDA is expected to be approximately $550 million. Commenting on third quarter guidance, President and Chief Executive Officer David B. Burritt said, “We are on track to safely deliver...

Newsroom Type: Press Release YEAR: 2023 | September 13, 2023

U. S. Steel Featured on Tomorrow’s World Today®

U. S. Steel to be featured on the sixth season of the Emmy-nominated series Tomorrow’s World Today®. The episode is scheduled to premiere September 16th on Science Channel. PITTSBURGH--(BUSINESS WIRE)-- Filmed at United States Steel Corporation's (NYSE: X) (“U. S. Steel”) Research & Technology Center in Munhall, Pennsylvania and Big River Steel Works in Osceola, Arkansas, the...

Newsroom Type: Press Release YEAR: 2023 | August 13, 2023

U. S. Steel Confirms Receipt of Unsolicited Proposals from Cleveland-Cliffs and Multiple Other Parties; Reaffirms Competitive Strategic Review Process to Maximize Stockholder Value

Cleveland-Cliffs Refused to Allow for a Standard Process to Assess Their Offer Company Reaffirms Invitation for Cleveland-Cliffs to Participate in the Strategic Review PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel” or “the Company”) today confirmed that it has invited Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) to participate in its previously...

Newsroom Type: Press Release YEAR: 2023 | August 13, 2023

U. S. Steel Announces Strategic Alternatives Process

Company Committed to Maximize Stockholder Value After Receiving Multiple Unsolicited Proposals Proposals Received to Date are a Validation of U. S. Steel’s Strategy and Successful Track Record of Execution PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that its Board of Directors has decided to initiate a formal review...

Newsroom Type: Press Release YEAR: 2023 | August 10, 2023

U. S. Steel Aims to Improve Operational Efficiencies and Employee Experiences with Google Cloud’s Generative AI

MineMind™ will be U. S. Steel’s first gen AI application to launch PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) and Google Cloud today announced a new collaboration to build applications using Google Cloud’s generative artificial intelligence (“gen AI”) technology to drive efficiencies and improve employee experiences in the largest iron ore...

YEAR: 2023 perspeXtives: Product Innovation Customer Spotlight Policy | August 03, 2023

Culture: It's What's for Breakfast

It is a simple expression of a complex idea that is indispensable to the success of not only any corporate strategy, but also of any corporation itself. It is a mandate that springs from the clear understanding that when people are connected, energized, and moving together with purpose, there are no limits to where they can go and what they can achieve. 

Influential thinker, author, and educator Peter Drucker famously said, “Culture eats strategy for breakfast.”It is a simple expression of a complex idea that is indispensable to the success of not only any corporate strategy, but also of any corporation itself. It is a mandate that springs from the clear understanding that when people are connected, energized, and moving together with purpose,...

Newsroom Type: Press Release YEAR: 2023 | August 02, 2023

U. S. Steel Names Goldman Sachs Alum Emily Chieng as Investor Relations Officer

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced the appointment of Emily Chieng as Investor Relations Officer, effective September 2023. She succeeds Kevin Lewis who was appointed Vice President, Finance in December 2022. This press release features multimedia. View the full release here:...

Newsroom Type: Press Release YEAR: 2023 | July 27, 2023

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 7, 2023, to stockholders of record at the close of business on Monday, August 7, 2023. Founded in 1901, United States Steel Corporation is a...

Newsroom Type: Press Release YEAR: 2023 | July 27, 2023

U. S. Steel Delivers Another Strong Quarter; Best for All® Strategy On-Track

Second quarter 2023 net earnings of $477 million, or $1.89 per diluted share Second quarter 2023 adjusted net earnings of $483 million, or $1.92 per diluted share Second quarter 2023 adjusted EBITDA of $804 million PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) reported second quarter 2023 net earnings of $477 million, or $1.89 per diluted share. Adjusted net...

Newsroom Type: Press Release YEAR: 2023 | July 26, 2023

U. S. Steel Recognized as a 'Best Place to Work for Disability Inclusion' with Top Disability Equality Index Score

CEO David B. Burritt Is First Global Steel Industry Executive to Sign Disability:IN’s Inclusion Pledge PITTSBURGH--(BUSINESS WIRE)-- U. S. Steel (NYSE: X) announced today that for the third consecutive year, the Company was recognized as a “Best Place to Work for Disability Inclusion,” with a top score of 100 on the Disability Equality Index® (DEI). Also this year, U. S. Steel’s...

Newsroom Type: Press Release YEAR: 2023 | July 13, 2023

U. S. Steel Unlocks New Environmental Data for Customers with EPDs on Flat-Rolled Coil Products Melted at Big River Steel Works

Environmental Product Declarations reaffirm the company’s commitment to sustainability PITTSBURGH--(BUSINESS WIRE)-- Today, United States Steel Corporation (NYSE: X) (U. S. Steel) announced environmental product declarations (EPDs) across three key offerings including Hot-Rolled, Cold-Rolled and Corrosion-Resistant flat-rolled products where the steel has been melted at Big River Steel...

Newsroom Type: Press Release YEAR: 2023 | July 13, 2023

United States Steel Corporation to Release Second Quarter 2023 Financial Results on July 27, 2023; 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 2023 on Thursday, July 27, 2023, 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 28, 2023, at 8:30 a.m. ET. The...

Newsroom Type: Press Release YEAR: 2023 | July 11, 2023

U. S. Steel Foundation Awards College Scholarships to Employees’ Children

PITTSBURGH, July 5, 2023 – 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 children...

Newsroom Type: Press Release YEAR: 2023 | June 19, 2023

United States Steel Corporation Provides Second Quarter 2023 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided second quarter 2023 adjusted net earnings per diluted share guidance of $1.81 to $1.86. Second quarter 2023 adjusted EBITDA is expected to be approximately $775 million. Commenting on second quarter guidance, President and Chief Executive Officer David B. Burritt said, “We expect to deliver another...

Newsroom Type: Press Release YEAR: 2023 | June 13, 2023

U. S. Steel Issues ESG Report Highlighting Continued Progress on Ambitious Sustainability Goals

Highlights the Essential Role of Steel in Enabling a More Sustainable Future PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today issued its 2022 Environmental, Social and Governance (ESG) Report titled, “Essential for our Future,” reaffirming its commitment to sustainable steelmaking and a greener economy. Steel is essential to enabling critical...

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

U. S. Steel Issues 2023 Diversity, Equity and Inclusion Report

2nd annual report highlights the company’s progress driving meaningful change PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today issued its 2023 Diversity, Equity and Inclusion (DEI) Report, which emphasizes its strong commitment to fostering a culture that supports all employees. U. S. Steel Issues 2023 Diversity,...

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

U. S. Steel Closes on $240 Million Financing to Support Big River 2

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “Company”) today announced the closing of $240 million unsecured Arkansas Development Finance Authority environmental improvement revenue bonds, which carry a green bond designation (the “Green Bonds”). The Green Bonds, issued through Arkansas Development Finance Authority, have a coupon rate...

Newsroom Type: Press Release YEAR: 2023 | April 27, 2023

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 7, 2023, to stockholders of record at the close of business on Monday, May 8, 2023. Founded in 1901, United States Steel Corporation is a leading...

Newsroom Type: Press Release YEAR: 2023 | April 27, 2023

U. S. Steel Delivers Strong First Quarter 2023; Best for All® Strategy On-Track

First quarter 2023 net earnings of $199 million, or $0.78 per diluted share First quarter 2023 adjusted net earnings of $195 million, or $0.77 per diluted share First quarter 2023 adjusted EBITDA of $427 million PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) reported first...