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Newsroom Type: Press Release YEAR: 2024 | October 01, 2024

Nippon Steel Investment Would Generate Incremental Economic Impact of Nearly $1 Billion in Pennsylvania Beyond Base Investment

Study finds that upgrade of U. S. Steel’s Mon Valley Works facilities would lead to nearly 5,000 construction jobs and $38 million in taxes PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) released a new economic impact analysis today, conducted by Parker Strategy Group, that assesses how the proposed $1 billion investment committed by Nippon Steel...

Newsroom Type: Press Release YEAR: 2024 | September 25, 2024

Board of Arbitration Rules in Favor of U. S. Steel, Affirming Transaction with Nippon Steel

U. S. Steel has satisfied the successorship obligations in the Basic Labor Agreement (BLA) with the United Steelworkers (USW) All BLA issues between U. S. Steel and USW are now resolved No further action is necessary under the BLA for Nippon Steel to acquire U. S. Steel and assume all USW agreements in line with its commitments PITTSBURGH--(BUSINESS WIRE)-- United States Steel...

Newsroom Type: Press Release YEAR: 2024 | September 24, 2024

U. S. Steel Earns World’s First Ever Certification for ResponsibleSteel™ Certified Steel at its Big River Steel Operation

U. S. Steel’s Big River Steel, located in Osceola, Arkansas, passed a rigorous set of standards in environmental, social, and governance categories that raise the bar for sustainability across the steel supply chain. PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced it is the first steel company in the world to qualify to sell its...

Newsroom Type: Press Release YEAR: 2024 | September 19, 2024

United States Steel Corporation Provides Third Quarter 2024 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided third quarter 2024 adjusted net earnings per diluted share guidance of $0.44 to $0.48. Third quarter 2024 adjusted EBITDA is expected to be approximately $300 million. Commenting on third quarter guidance, President and Chief Executive Officer David B. Burritt said, “Adjusted EBITDA guidance of $300...

Newsroom Type: Press Release YEAR: 2024 | September 09, 2024

U. S. Steel Announces ZMAG™, A Superior Coated Steel Product Made to Tackle the Harshest Conditions

Leading Corrosion Resistance Will Bring Unprecedented Reliability and Durability to Solar, Automotive, Construction, and More PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (“U. S. Steel” or the “Company”) (NYSE: X) today announced the roll out of ZMAG™ coated steel, a revolutionary new carbon flat rolled coated steel product. Engineered to be stronger, more resilient,...

Newsroom Type: Press Release YEAR: 2024 | September 06, 2024

U. S. Steel, USW and Wheeling-Nippon File Trade Cases on Imports of Corrosion-Resistant Steel

PITTSBURGH--(BUSINESS WIRE)-- On September 5, 2024, U. S. Steel, along with the United Steelworkers union (“USW”) and Wheeling-Nippon, has filed antidumping and countervailing duty petitions with the United States Department of Commerce (“DOC”) and the United States International Trade Commission (“ITC”), on imports of corrosion-resistant steel (“CORE”) from Australia, Brazil, Canada1,...

Newsroom Type: Press Release YEAR: 2024 | September 04, 2024

U. S. Steel Employees to Rally in Support of Nippon Steel Transaction

Employees Advocate for Deal Approval to Protect Jobs and Billions in Investment in U. S. Steel Union Operations Call on Governor Shapiro, Senators Casey and Fetterman and Local Elected Officials to Recognize Significant Benefits of the Transaction PITTSBURGH--(BUSINESS WIRE)-- Employees of United States Steel Corporation (NYSE: X) (“U. S. Steel”) today will host a rally at the U. S....

Newsroom Type: Press Release YEAR: 2024 | August 22, 2024

U. S. Steel Featured in "Military Makeover: Operation Career" Airing on Lifetime TV

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) is featured in “Military Makeover: Operation Career” in an episode titled, “Forging New Careers in Steel.” The series shares stories of military veterans who have successfully transitioned to civilian life by finding meaningful and rewarding career opportunities. This press release features...

Newsroom Type: Press Release YEAR: 2024 | August 01, 2024

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, September 11, 2024, to stockholders of record at the close of business on Monday, August 12, 2024. Founded in 1901, United States Steel Corporation is...

Newsroom Type: Press Release YEAR: 2024 | August 01, 2024

United States Steel Corporation Reports Second Quarter 2024 Results

Second quarter 2024 net earnings of $183 million, or $0.72 per diluted share. Second quarter 2024 adjusted net earnings of $211 million, or $0.84 per diluted share. Second quarter 2024 adjusted EBITDA of $443 million. PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) reported second quarter 2024 net earnings of $183 million, or $0.72 per diluted share....

Newsroom Type: Press Release YEAR: 2024 | July 16, 2024

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

Fourth Consecutive Year U. S. Steel Has Earned This Distinction PITTSBURGH--(BUSINESS WIRE)-- U. S. Steel (NYSE: X) announced today it has once again received a top score of 100 on the Disability Equality Index®, the leading corporate benchmarking tool for disability equality, and earned its fourth consecutive recognition as a “Best Place to Work for Disability Inclusion.” By annually...

Newsroom Type: Press Release YEAR: 2024 | July 10, 2024

United States Steel Corporation to Release Second Quarter 2024 Financial Results on August 1, 2024

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the second quarter 2024 on Thursday, August 1, 2024, following the close of trading on the New York Stock Exchange. As previously announced, on December 18, 2023, the company entered into a definitive merger agreement to be acquired by...

Newsroom Type: Press Release YEAR: 2024 | July 08, 2024

U. S. Steel Named a Beyond the Yellow Ribbon Company by the Minnesota National Guard

Company committed to helping military employees succeed VIRGINIA, Minn.--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) has been named a Beyond the Yellow Ribbon company by the Minnesota National Guard, a designation that illustrates U. S. Steel’s continued commitment to providing an inclusive and supportive working environment for veterans. U. S. Steel...

Newsroom Type: Press Release YEAR: 2024 | June 26, 2024

U. S. Steel Recognized by Vibrant Pittsburgh As a DE&I-Leading Organization

U. S. Steel earns Vibrant Champion status for a second time PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced it has been named a Vibrant Index 5.0 Champion for the second time in recognition of its diversity, equity and inclusion (DEI) leadership in the Pittsburgh region. The award highlights organizations that demonstrate a strong...

Newsroom Type: Press Release YEAR: 2024 | June 25, 2024

U. S. Steel Releases Sustainability Report Emphasizing Progress

Titled “The Future of Steel”, the Report Underscores U. S. Steel’s Focus on Innovative Sustainability Solutions and Collaborations that Meet Market Demand PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today released its 2023 Sustainability Report titled “The Future of Steel”, highlighting the company’s leadership in producing visionary solutions that benefit...

Newsroom Type: Press Release YEAR: 2024 | June 17, 2024

United States Steel Corporation Provides Second Quarter 2024 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided second quarter 2024 adjusted net earnings per diluted share guidance of $0.76 to $0.80. Second quarter 2024 adjusted EBITDA is expected to be approximately $425 million. Commenting on second quarter guidance, President and Chief Executive Officer David B. Burritt said, “We continue to run our business...

Newsroom Type: Press Release YEAR: 2024 | June 05, 2024

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

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) announced it has awarded 20 college scholarships to students across the country. All the recipients are children of U. S. Steel employees. The scholarships are funded by the United States Steel Foundation. “Our exceptional people have been and always will be the heart of U. S. Steel. By investing in our U. S. Steel...

Newsroom Type: Press Release YEAR: 2024 | May 30, 2024

U. S. Steel and Nippon Steel Corporation Announce Receipt of All Non-U.S. Regulatory Approvals

Approvals are Significant Milestones for Completion of the Transaction PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) and Nippon Steel Corporation (“Nippon Steel”) (TSE: 5401) announced that they have received all regulatory approvals outside of the United States related to the proposed transaction between U. S. Steel and Nippon Steel. These...

Newsroom Type: Press Release YEAR: 2024 | May 23, 2024

United States Steel Celebrates Opening of DR-Grade Pellet Production Facility in Minnesota

The $150 million investment expands on the Company’s existing competitive advantage in low-cost iron ore KEEWATIN, Minn.--(BUSINESS WIRE)-- U. S. Steel (NYSE: X) (“U. S. Steel”) today celebrated the launch and operational readiness of its direct reduced (DR)-grade pellet production facility at its Minnesota Ore Operations-Keetac Plant. Having already confirmed the first shipment of...

Newsroom Type: Press Release YEAR: 2024 | May 21, 2024

United States Steel’s Board of Directors “Corrects the Record” on Transaction with Nippon Steel

The all-cash offer delivers significant value for investors and provides job security, growth and opportunity for employees, communities and other stakeholders. PITTSBURGH--(BUSINESS WIRE)-- The Board of Directors of U. S. Steel (NYSE: X) today published a letter in response to the “long-running misinformation campaign” regarding the pending all-cash transaction with Nippon Steel...