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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...
Newsroom Type: Press Release YEAR: 2024 | May 15, 2024
U. S. Steel Issues 3rd Annual Diversity, Equity and Inclusion Report
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today issued its 3rd Diversity, Equity, and Inclusion (DE&I) Report, providing a holistic update on the company’s progress, highlighting DE&I milestones reached over the past year, and sharing plans for pushing further to foster an inclusive culture and promote diversity. The Report details...
| May 07, 2024
Elevating Beyond Function: The Beauty of Steel Roofing
Beyond mere functionality lies the allure of steel roofing. It's not just about providing shelter; it's about making a statement. Your roof, after all, shields everything you hold dear. Shouldn't it reflect your love and care?Versatility is at the core of steel roofing's charm. It seamlessly adapts to any architectural style. For those who cherish the timeless appeal of classic homes, steel...
Newsroom Type: Press Release YEAR: 2024 | May 02, 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, June 12, 2024, to stockholders of record at the close of business on Monday, May 13, 2024. Founded in 1901, United States Steel Corporation is a...
Newsroom Type: Press Release YEAR: 2024 | May 02, 2024
United States Steel Corporation Reports First Quarter 2024 Results
First quarter 2024 net earnings of $171 million, or $0.68 per diluted share. First quarter 2024 adjusted net earnings of $206 million, or $0.82 per diluted share. Includes an approximately $0.04 per diluted share unfavorable inventory impact versus our March 18 adjusted net earnings per diluted share guidance of between $0.80 and $0.84 per diluted share. First quarter 2024 adjusted...
| May 02, 2024
Why Steel is the Best Choice for Your Roof
Choosing the right roofing material is crucial for maintaining a cozy and secure home environment. Your roof is a shield against the elements, safeguarding your loved ones and everything you cherish from rain, snow, wind, and sunlight. In the realm of residential roofing, steel has emerged as a top contender, offering unmatched durability, longevity, and aesthetic appeal.Strength That Weathers...
Newsroom Type: Press Release YEAR: 2024 | May 01, 2024
U. S. Steel Battery-Powered Locomotives Receive “Governor’s Award for Environmental Excellence” from the Pennsylvania Department of Environmental Protection
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (“U. S. Steel” or the “Company”) (NYSE: X) received the “Governor’s Award for Environmental Excellence” from the Pennsylvania Department of Environmental Protection (DEP) for converting two of its diesel locomotives to battery power. The locomotives are located at the Mon Valley Works’ Edgar Thomson and Clairton Plants where...
Newsroom Type: Press Release YEAR: 2024 | April 16, 2024
United States Steel Corporation to Release First Quarter 2024 Financial Results on May 2, 2024
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the first quarter 2024 on Thursday, May 2, 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 Nippon...
Newsroom Type: Press Release YEAR: 2024 | April 12, 2024
U. S. Steel Stockholders Approve Transaction with Nippon Steel Corporation (NSC)
Combination Will Create “Best Steelmaker with World-Leading Capabilities” Stockholders’ Approval Represents Key Milestone Toward Completion of Transaction PITTSBURGH--(BUSINESS WIRE)-- Following the special meeting of stockholders (the “Special Meeting”) held earlier today, United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced that, based on the preliminary vote count,...
Newsroom Type: Press Release YEAR: 2024 | April 03, 2024
U. S. Steel and CarbonFree Sign Definitive Agreement to Capture Carbon Dioxide Emissions at One of the Largest North American Integrated Steel Mills
The agreement sets in motion a project to capture emissions from U. S. Steel’s blast furnaces CarbonFree’s SkyCycle™ technology will capture and mineralize up to 50,000 metric tons of carbon dioxide annually at U. S. Steel’s facility in Gary, Indiana, to convert emissions into specialty-grade, carbon-neutral calcium carbonate The project will be the first commercial-scale carbon capture...
Newsroom Type: Press Release YEAR: 2024 | March 29, 2024
Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend U. S. Steel Shareholders Vote “FOR” the Pending Transaction with Nippon Steel Corporation (NSC)
ISS and Glass Lewis Recommendations Reiterate that Transaction Delivers Clear Benefits to U. S. Steel Shareholders PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have recommended that U. S. Steel...
Newsroom Type: Press Release YEAR: 2024 | March 26, 2024
U. S. Steel Consent Decree for Clairton Plant Incidents Authorized by Environmental Protection Agency and Department of Justice
The Consent Decree between U. S. Steel’s Mon Valley Works – Clairton Plant, Allegheny County Health Department, Clean Air Council, and PennEnvironment includes local community support and facility upgrades. PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) has received authorization for its multi-million-dollar Consent Decree from the United States Environmental...
Newsroom Type: Press Release YEAR: 2024 | March 20, 2024
United States Steel Honors Employees for Community Service with Donations to Charitable Organizations
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) named its Volunteer of the Year along with 12 Service Champions for their community service in 2023 as part of the company’s United by Service initiative. To honor the winners, U. S. Steel is donating to the charitable organization of each employee’s choice. U. S. Steel is donating $15,000 on behalf of...