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Newsroom Type: Press Release YEAR: 2024 | January 26, 2024
U. S. Steel Reaches Agreement for Clairton Plant Incidents; Includes Significant Funding to Support Local Communities
Allegheny County Health Department, Clean Air Council, and PennEnvironment have reached a consent decree with U. S. Steel’s Mon Valley Works - Clairton Plant that includes $19.5 million of investments in upgrades to coke oven gas cleaning facilities. U. S. Steel will contribute $4.5 million to support local communities. Clairton battery #15, which has been on hot idle, will move to...
Newsroom Type: Press Release YEAR: 2024 | January 22, 2024
United States Steel Corporation to Release Fourth Quarter and Full Year 2023 Financial Results on February 1, 2024
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the fourth quarter and full year 2023 on Thursday, February 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...
Newsroom Type: Press Release YEAR: 2024 | January 18, 2024
U. S. Steel Recognized as One of America’s Greatest Workplaces for Diversity by Newsweek and Plant-A Insights
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it has been named one of “America’s Greatest Workplaces for Diversity 2024” by Newsweek and the market data research firm Plant-A Insights Group, based on their recent independent workplace study. The large-scale and rigorous review spotlights organizations that are providing...
Newsroom Type: Press Release YEAR: 2023 | December 18, 2023
Nippon Steel Corporation (NSC) to Acquire U. S. Steel, Moving Forward Together as the ‘Best Steelmaker with World-Leading Capabilities’
NSC to acquire U. S. Steel for $55.00 per share in an all-cash transaction representing 40% premium, providing certain and immediate value to U. S. Steel shareholders Brings together two storied companies with rich histories of providing excellent products and services and contributing to the development of society Combines world-leading technologies and manufacturing capabilities to...
Newsroom Type: Press Release YEAR: 2023 | December 14, 2023
United States Steel Corporation Provides Fourth Quarter 2023 Guidance
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided fourth quarter 2023 adjusted net earnings per diluted share guidance of $0.20 to $0.25. Fourth quarter 2023 adjusted EBITDA is expected to be approximately $250 million. Commenting on fourth quarter guidance, President and Chief Executive Officer David B. Burritt said, “Our expected fourth quarter...
Newsroom Type: Press Release YEAR: 2023 | December 07, 2023
U. S. Steel’s Operations in Minnesota Generated $1.8 Billion in Economic Impact
5,284 jobs supported or sustained by economic activity MOUNTAIN IRON, Minn.--(BUSINESS WIRE)-- United States Steel Corporation’s (“U. S. Steel”) Minnesota Ore Operations in the Mesabi Iron Range of northern Minnesota contributed $1.8 billion to the local and state economy in Fiscal Year 2022 (FY22), according to an economic impact report released today. The report further concludes that...
Newsroom Type: Press Release YEAR: 2023 | November 30, 2023
U. S. Steel Receives a Perfect Score on Human Rights Campaign Foundation’s 2023 Corporate Equality Index (CEI) for Fourth Consecutive Year
PITTSBURGH--(BUSINESS WIRE)-- U. S. Steel Corporation (“U. S. Steel”) announced today that it has earned the Human Rights Campaign Foundation’s Equality 100 Award and, for a fourth consecutive year, received a perfect score of 100 on their Corporate Equality Index (CEI). The CEI is the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to...
Newsroom Type: Press Release YEAR: 2023 | November 29, 2023
U. S. Steel Earns Mansfield Certification for Progressing Diversity, Equity, and Inclusion in Legal Department
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it has earned the highly respected Mansfield Certification, an accreditation awarded to a small group of companies who successfully improve the diversity profile of their corporate legal departments. Developed and presented by Diversity Lab, the certification recognizes U. S....
Newsroom Type: Press Release YEAR: 2023 | November 20, 2023
U. S. Steel Releases 2023 Task Force on Climate-Related Financial Disclosures Report
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) released its 2023 Task Force on Climate-Related Financial Disclosures (TCFD) report, outlining how climate-related risks are managed, what climate-related opportunities exist, and U. S. Steel’s approach to addressing climate-related issues in the areas of governance, strategy, risk management, and...
Newsroom Type: Press Release YEAR: 2023 | October 30, 2023
U. S. Steel Pioneers Battery-Powered Locomotives, Reinforces Commitment to Sustainability and Community
Mon Valley Works Becomes First Industrial Site to Deploy This Technology PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (“U. S. Steel” or the “Company”) (NYSE: X) announced today a significant step in its ongoing commitment to sustainability, environmental excellence and the communities it serves. The company converted two of its diesel switcher locomotives at the Mon...
Newsroom Type: Press Release YEAR: 2023 | October 30, 2023
U. S. Steel’s Operations in Pennsylvania Generated $3.6 Billion in Economic Impact
11,417 jobs supported or sustained by economic activity PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (“U. S. Steel”) (NYSE: X) operations in Pennsylvania, which include U. S. Steel’s corporate headquarters in Pittsburgh and sites in Braddock, Clairton, Fairless Hills, Munhall, and West Mifflin, contributed $3.6 billion to the local and state economy in Fiscal Year 2022,...
Newsroom Type: Press Release YEAR: 2023 | October 26, 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, December 7, 2023, to stockholders of record at the close of business on Monday, November 6, 2023. Founded in 1901, United States Steel Corporation is a...
Newsroom Type: Press Release YEAR: 2023 | October 26, 2023
United States Steel Corporation Reports Third Quarter 2023 Results
Third quarter 2023 net earnings of $299 million, or $1.20 per diluted share Third quarter 2023 adjusted net earnings of $350 million, or $1.40 per diluted share Third quarter 2023 adjusted EBITDA of $578 million PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) reported third quarter 2023 net earnings of $299 million, or $1.20 per diluted share....
Newsroom Type: Press Release YEAR: 2023 | October 17, 2023
U. S. Steel and DuPont™ Launch COASTALUME™ Product, North America’s First GALVALUME® Solution Engineered and Warrantied for Coastal Environments
COASTALUME™ product was jointly designed to withstand challenges associated with America’s coastal environment PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) and DuPont (NYSE: DD) today launched a new product, COASTALUME™, North America’s first GALVALUME® solution engineered and warrantied for coastal environments. Marking a collaboration of two...
Newsroom Type: Press Release YEAR: 2023 | October 12, 2023
U. S. Steel Celebrates Launch of New Electrical Steel Line with Ribbon Cutting in Osceola, Arkansas
President & CEO David B. Burritt, public officials, customers, and employees gather to celebrate this significant milestone for U. S. Steel’s Best for All® strategy, sustainable steel solutions and the broader community OSCEOLA, Ark.--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today hosted a ribbon cutting ceremony for the opening of its new,...
Newsroom Type: Press Release YEAR: 2023 | October 12, 2023
United States Steel Corporation to Release Third Quarter 2023 Financial Results on October 26, 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 third quarter 2023 on Thursday, October 26, 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, October 27, 2023, at 8:30 a.m. ET....
Newsroom Type: Press Release YEAR: 2023 | October 11, 2023
U. S. Steel’s Operations in Arkansas Generated $383.2 Million in Economic Impact
1,747 jobs created or sustained by economic activity OSCEOLA, Ark.--(BUSINESS WIRE)-- United States Steel Corporation (“U. S. Steel”) operations in Arkansas, which includes Big River Steel in Osceola, and Wheeling Machine Products in Pine Bluff, contributed more than $383.2 million to local and state economies in Fiscal Year 2022, according to an economic impact report released today....
Newsroom Type: Press Release YEAR: 2023 | September 21, 2023
U. S. Steel Named One of America’s Most Loved Workplaces® by Newsweek for Third Consecutive Year
Top Workplace Distinction Recognizes U. S. Steel’s Culture and Emphasis on Respect, Caring, and Appreciation for Its Employees PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230921471106/en/ U. S. Steel Named One of America’s Most Loved Workplaces® by...
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...