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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 ...

Newsroom Type: Press Release YEAR: 2022 | June 16, 2022

United States Steel Corporation Provides Record Second Quarter 2022 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided second quarter 2022 guidance. Second quarter 2022 adjusted EBITDA is expected to be approximately $1.6 billion, a new all-time best second quarter performance. Second quarter 2022 adjusted net earnings per diluted share is expected to be in the range of $3.83 to $3.88. “We expect to continue delivering...

Newsroom Type: Press Release YEAR: 2022 | June 14, 2022

United States Steel Corporation Names Jessica Graziano as Senior Vice President and Chief Financial Officer

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today the appointment of Jessica T. Graziano as Senior Vice President and Chief Financial Officer, effective August 8, 2022. Ms. Graziano will report directly to David B. Burritt, President and Chief Executive Officer, and have responsibility for all aspects of finance, including financial...

Newsroom Type: Press Release YEAR: 2022 | June 01, 2022

U. S. Steel Extends Sustainability-Linked ABL Credit Facility

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “company”) today announced that it has completed an amendment and restatement of the company’s $1.75 billion asset-based sustainability-linked credit facility (the “ABL”). The ABL maturity has been extended to 2027 and contains targeted sustainability key performance indicators (KPIs) related to...

perspeXtives: Policy | May 31, 2022

Taking a steely resolve in trade action

In a recent story in the online publication Vanguard, Ben Caryl, Associate General Counsel at U. S. Steel, explained our mix of defensive and offensive tactics to combat unfair trade.Click to read the full story on Vanguard’s website.

Newsroom Type: Press Release YEAR: 2022 | May 26, 2022

U. S. Steel Celebrates Investment in America with Strategic Pig Iron Caster at Gary Works

Multi-million-dollar investment at Gary Works to support domestic supply chain Iron ore from U. S. Steel’s Minnesota Ore Operations will feed caster Caster will produce 500,000 tons of pig iron to feed the Company’s electric arc furnaces GARY, Ind.--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) employees joined United Steelworkers (USW) leadership,...

Newsroom Type: Press Release YEAR: 2022 | May 10, 2022

U. S. Steel, Pittsburgh Penguins Team Up in Support of Braddock Carnegie Library

CEO & Hockey Hall of Famer to Serve as Co-Chairs of Capital Campaign PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) and the Pittsburgh Penguins announced today that Penguin’s alumni and Hockey Hall of Famer Bryan Trottier and David B. Burritt, President & CEO of U. S. Steel, will serve as Honorary Co-Chairs of an $18 million capital...

Newsroom Type: Press Release YEAR: 2022 | April 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 Wednesday, June 8, 2022, to stockholders of record at the close of business on Monday, May 9, 2022. Founded in 1901, United States Steel Corporation is a leading...

Newsroom Type: Press Release YEAR: 2022 | April 28, 2022

United States Steel Corporation Reports Record First Quarter 2022 Results

EXPECTING TO DELIVER RECORD SECOND QUARTER PERFORMANCE Record first quarter net earnings of $882 million, or $3.02 per diluted share Record first quarter adjusted net earnings of $891 million, or $3.05 per diluted share Record first quarter adjusted EBITDA of $1.337 billion PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X)...

perspeXtives: Product Innovation | April 25, 2022

Sustainability Helps Shape Promising Future for Automotive Steel

In the battle of public perception regarding the environmental sustainability of steel versus aluminum in the auto industry, aluminum proponents have long advanced a talking point that is compelling in its simplicity. It holds that since aluminum is lighter, vehicles with a higher ratio of aluminum to steel are likely to be more fuel efficient.The point is logical as far as it goes. Its...

Newsroom Type: Press Release YEAR: 2022 | April 20, 2022

United States Steel Corporation to Release First Quarter 2022 Financial Results on April 28, 2022; Announces New Q&A Platform for Stockholders

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the first quarter 2022 on Thursday, April 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, April 29, 2022, at 8:30 a.m. ET. The...

Newsroom Type: Press Release YEAR: 2022 | April 04, 2022

ResponsibleSteel™ Awards its First-Ever Site Certification in North America to U. S. Steel’s Big River Steel

Sets New Gold Standard for North American Steel SectorPITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Big River Steel mill in Osceola, Arkansas has achieved the first-ever ResponsibleSteel™ site certification in North America.This press release features multimedia. View the full release here:...

YEAR: 2022 perspeXtives: Customer Spotlight | March 28, 2022

Food Security That Comes in a Can

Every year, farmers grow far more produce than the public could possibly consume fresh from the field.In 2018, for example, U.S. farmers harvested more than 14 million tons of tomatoes, but only about 980,000 tons were sold fresh. The rest went to processors, who canned them whole or turned them into sauce, juice, paste, puree and a wide range of other products.The canning process that...

Newsroom Type: Press Release YEAR: 2022 | March 17, 2022

United States Steel Corporation Provides First Quarter 2022 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided first quarter 2022 guidance. First quarter 2022 adjusted EBITDA is expected to be approximately $1.3 billion, a new all-time record for the first quarter. First quarter 2022 adjusted diluted earnings per share is expected to be in the range of $2.96 to $3.00. “We expect to deliver another strong quarter...

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

U. S. Steel Named One of the World’s Most Ethical Companies for 2022

Of 136 companies recognized, U. S. Steel was the only integrated steel producer. Companies were assessed on culture, environmental and social practices, ethics and compliance, governance, and leadership and reputation. PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) has been recognized by Ethisphere, a global leader in defining and advancing...

Newsroom Type: Press Release YEAR: 2022 | February 28, 2022

U. S. Steel Advances Metallics Strategy with Pig Iron Investment at Gary Works

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it is advancing its metallics strategy by insourcing pig iron capabilities at Gary Works. The approximately $60 million investment will produce up to 500,000 tons of pig iron annually and provide a critical raw material input for its electric arc furnaces (EAF). Once complete, the...

YEAR: 2022 perspeXtives: Customer Spotlight | February 28, 2022

Steel Packaging — A ‘Can Do’ All-American Industry

One of the many lessons of the coronavirus pandemic is that global trade can be fragile, while domestic production provides supply chain continuity as well as American jobs and economic growth.The U.S. can-manufacturing industry is a leading example of this lesson on many levels. As American consumers stocked their pantries in the early days of the pandemic, they reached for canned food...

Newsroom Type: Press Release YEAR: 2022 | February 22, 2022

Terry L. Dunlap Elected to U. S. Steel Board of Directors

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that Terry L. Dunlap has been elected to the company’s Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220222005989/en/ Terry L. Dunlap (Photo: Business Wire) Mr. Dunlap is principal of Sweetwater LLC,...

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

U. S. Steel Announces Management Change

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that Christine S. Breves, Senior Vice President & Chief Financial Officer, has informed the company of her intention to leave the company in 2022, after nine years of service with the company. Ms. Breves will continue to serve as Chief Financial Officer while the company conducts a...

Newsroom Type: Press Release YEAR: 2022 | February 09, 2022

United States Steel Corporation Breaks Ground on the Most Technologically Advanced Steel Mill in North America

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) broke ground in Osceola, Arkansas on the company’s next-generation highly sustainable and technologically advanced steel mill. The $3 billion steelmaking facility will be the most advanced in North America and largest private project in the history of Arkansas. This press release features multimedia....