Media - Newsroom - www.ussteel.com
Newsroom
Newsroom Type
MEDIA INQUIRIES
(412) 433-1300
media@uss.comgeneral information
For general inquiries, contact
the U. S. Steel Operator.
(412) 433-1121
8 a.m. - 5 p.m. Eastern
Monday - Friday
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...
Newsroom Type: Press Release YEAR: 2021 | March 04, 2021
U. S. Steel Secures NanoSteel® Patents to Expand Capabilities of World Class Advanced High-Strength Steel Offerings
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today announced the acquisition of the flat rolled sheet patents and trademarks of The NanoSteel Company, Inc. as part of U. S. Steel’s ongoing commitment to offer customers the world’s best selection of advanced high-strength steels, which now includes the most formable high-strength steel available anywhere. This press...
Newsroom Type: Press Release YEAR: 2021 | February 17, 2021
United States Steel Corporation Announces Exercise in Full of Underwriter's Option to Purchase Additional Common Shares
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) announced today that, in connection with its recently completed offering of 42,000,000 shares of common stock at a price to the public of $16.3733 per share, the underwriter has exercised in full its option to purchase 6,300,000 additional shares of common stock (the "Additional Shares"). ...
Newsroom Type: Press Release YEAR: 2021 | February 16, 2021
U. S. Steel Commits to Disability Inclusion by Joining the Valuable 500
PITTSBURGH--(BUSINESS WIRE)-- Today, U. S. Steel announced that it has joined The Valuable 500, an organization whose member companies and their leaders are “committed to putting disability inclusion on their business leadership agenda. The Valuable 500 was created to “help unlock the social and economic value” of the more than 1.3 billion individuals living with disabilities. Of the...
Newsroom Type: Press Release YEAR: 2021 | February 12, 2021
United States Steel Corporation Earns Highest Rating on Corporate Equality Index
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) earned the highest possible rating on the Human Rights Campaign Foundation’s 2021 Corporate Equality Index (CEI), a national benchmarking survey and report measuring LGBTQ workplace equality. This has also earned the company the Best Place to Work for LGBTQ Equality designation for the second consecutive year. “This...
Newsroom Type: Press Release YEAR: 2021 | February 08, 2021
United States Steel Corporation Announces Pricing of Upsized Senior Notes Offering
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) today announced the pricing of its upsized $750 million aggregate principal amount of 6.875% senior notes due 2029 (the “Notes”). The size of the offering was upsized from $500 million to $750 million aggregate principal amount of Notes. The Notes will be issued at a price equal to 100% of...
Newsroom Type: Press Release YEAR: 2021 | February 08, 2021
United States Steel Corporation Announces Senior Notes Offering
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) today announced its intention to offer, subject to market and other conditions, $500 million aggregate principal amount of senior notes due 2029 (the “Notes”). On February 2, 2021, U. S. Steel issued a notice of redemption to redeem 35% or approximately $370 million aggregate principal...
Newsroom Type: Press Release YEAR: 2021 | February 02, 2021
United States Steel Corporation Announces Pricing of Upsized Common Stock Offering
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) announced today the pricing of its upsized underwritten public offering of 42,000,000 shares of common stock, for gross proceeds of approximately $699 million. The size of the offering was upsized from 40,000,000 shares to 42,000,000 shares. The company has granted the underwriter a 30-day...
Newsroom Type: Press Release YEAR: 2021 | February 02, 2021
United States Steel Corporation Announces Common Stock Offering
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) announced today that it has commenced an underwritten public offering of 40,000,000 shares of common stock. U. S. Steel intends to grant the underwriter a 30-day option to purchase up to 6,000,000 additional shares of common stock from the company. U. S. Steel intends to use the net...
Newsroom Type: Press Release YEAR: 2021 | January 28, 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 Tuesday, March 9, 2021 to stockholders of record at the close of business on Monday, February 8, 2021. Founded in 1901, the United States Steel Corporation is a Fortune...
Newsroom Type: Press Release YEAR: 2021 | January 28, 2021
United States Steel Corporation Reports Fourth Quarter and Full-Year 2020 Results
Fourth quarter 2020 net earnings of $49 million, or $0.22 per diluted share; full-year 2020 net loss of $1,165 million, or $5.92 per diluted share. Fourth quarter 2020 adjusted net loss of $60 million, or $0.27 per diluted share; full-year 2020 adjusted net loss of $920 million, or $4.67 per diluted share. Fourth quarter 2020 adjusted EBITDA of $87 million; full-year 2020 adjusted EBITDA...
Newsroom Type: Press Release YEAR: 2021 | January 27, 2021
U. S. Steel Names Scott Dorn Interim Head of Tubular Solutions
PITTSBURGH--(BUSINESS WIRE)-- Today, United States Steel Corporation (NYSE: X) President and Chief Executive Officer David B. Burritt announced the appointment of Scott M. Dorn as Interim Head of Tubular Solutions. Dorn assumes responsibility for all aspects of the Tubular business from Douglas R. Matthews, Senior Vice President Tubular Solutions, who will retire in January. Of the new role,...
Newsroom Type: Press Release YEAR: 2021 | January 15, 2021
United States Steel Corporation Completes Big River Steel Acquisition
Enables profitable growth through sustainable production of the most advanced high strength steels from the only LEED-certified steel mill Creates North America’s only customer-centric “Best of Both” steelmaker, combining world-competitive integrated and mini mill technologies to improve through-cycle stockholder returns Aligns superior workforce around more innovative and...
Newsroom Type: Press Release YEAR: 2021 | January 13, 2021
U. S. Steel Conference Call Available on Company Website
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) announced today that interested stockholders, investors, and others may listen to the company’s fourth quarter and full year 2020 conference call with securities analysts on Friday, January 29 at 8:30 a.m. EST. The call, which will be available via the U. S. Steel website, will cover fourth quarter and full year 2020...
Newsroom Type: Press Release YEAR: 2021 | January 12, 2021
Study: 2020 Local Ambient Air Pollution Concentrations Fell Sharply as Vehicle Traffic Shrank & Clairton Plant Operations Held Steady
PITTSBURGH--(BUSINESS WIRE)-- A study analyzing area traffic and ambient air quality data from an air quality monitoring station near U. S. Steel’s Mon Valley Works found that there was a 40% decrease in particulate matter (PM2.5) ambient air concentrations when comparingreadings from before and after the COVID-19 stay-at-home order in Spring 2020. In the study, environmental consulting firm...
Newsroom Type: Press Release YEAR: 2020 | December 23, 2020
United States Steel Corporation Sells $160 Million Keystone Industrial Port Complex
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today announced it has closed on the sale of its non-core real estate asset, the Keystone Industrial Port Complex (KIPC), in Fairless Hills, Pennsylvania. Under the terms of the sale, the Company received approximately $160 million in cash. “This non-core asset sale delivers on our strategic commitment to extract...
Newsroom Type: Press Release YEAR: 2020 | December 17, 2020
United States Steel Corporation Provides Fourth Quarter 2020 Guidance
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided fourth quarter 2020 guidance. Fourth quarter 2020 adjusted EBITDA is expected to be approximately $55 million. The Company expects fourth quarter 2020 adjusted diluted loss per share to be approximately ($0.85). “Flat-rolled customer demand in the U.S. and Europe has improved throughout the fourth quarter,...