Prereleases - www.ussteel.com

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....

Newsroom Type: Press Release YEAR: 2022 | February 03, 2022

Leading Companies Launch Initiative to Support Low-Carbon and Hydrogen Industrial Hub in Ohio, Pennsylvania and West Virginia

PITTSBURGH--(BUSINESS WIRE)--EQT Corporation, Equinor, GE Gas Power, Marathon Petroleum (including its affiliate MPLX), Mitsubishi Power, Shell Polymers and U. S. Steel have formed a new alliance that will play an important leadership role in decarbonizing the industrial base in the Northern Appalachian Region of the United States.The alliance will work with stakeholders on a shared vision for...

Newsroom Type: Press Release YEAR: 2022 | February 02, 2022

U. S. Steel Three-peats Top Score on Human Rights Campaign Foundation’s 2022 Equality Index

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that it received a perfect score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. This is the third year in a row that...

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

U. S. Steel Names Daniel R. Brown Senior Vice President of Advanced Technology Steelmaking and Chief Operating Officer of Big River Steel Works

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that Daniel (Dan) R. Brown has been named Senior Vice President of Advanced Technology Steelmaking and Chief Operating Officer of Big River Steel Works. In this role he will be responsible for flat roll steel production currently in place and planned in Arkansas utilizing Electric Arc...

Newsroom Type: Press Release YEAR: 2022 | January 27, 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 Tuesday, March 8, 2022 to stockholders of record at the close of business on Monday, February 7, 2022. Founded in 1901, United States Steel Corporation is a leading...

Newsroom Type: Press Release YEAR: 2022 | January 27, 2022

United States Steel Corporation Reports Fourth Quarter and Full-Year 2021 Results

Fourth quarter 2021 net earnings of $1.069 billion, or $3.75 per diluted share; full-year 2021 net earnings of $4.174 billion, or $14.88 per diluted share. Fourth quarter 2021 adjusted net earnings of $1.038 billion, or $3.64 per diluted share; full-year 2021 adjusted net earnings of $3.780 billion, or $13.48 per diluted share. Fourth quarter 2021 adjusted EBITDA...

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

United States Steel Corporation Announces Strategic Investment in Carnegie Foundry to Accelerate Advanced Robotics and Autonomy Capabilities

PITTSBURGH--(BUSINESS WIRE)-- United States Steel, (NYSE: X) (“U. S. Steel”) a leading steel producer and Carnegie Foundry, a leading robotics and AI studio – today jointly announced a strategic investment and partnership. The two Pittsburgh based companies will work to accelerate and scale industrial automation driven by advanced robotics and AI. This press release features multimedia....

Newsroom Type: Press Release YEAR: 2022 | January 13, 2022

United States Steel Corporation to Release Fourth Quarter and Full Year 2021 Financial Results on January 27, 2022

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 2021 on Thursday, January 27, 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, January 28, 2022 at...

Newsroom Type: Press Release YEAR: 2022 | January 11, 2022

U. S. Steel Selects Osceola, Arkansas as Location for Most Advanced Steelmaking Facility in North America

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that its next-generation highly sustainable and technologically advanced steel mill will be located in Osceola, Arkansas, close to U. S. Steel’s cutting-edge Big River Steel plant. The facility is engineered to bring together the most advanced technology to create the steel mill of the future...

Newsroom Type: Press Release YEAR: 2021 | December 21, 2021

Bald Eagle Camera at U. S. Steel Irvin Plant Goes Live

PITTSBURGH--(BUSINESS WIRE)-- For the past three years, a family of bald eagles has been thriving on property at U. S. Steel’s Mon Valley Works Irvin Plant in West Mifflin, Pennsylvania. Today, we are happy to share the beauty of these majestic birds with the community. The Pennsylvania Game Commission has granted U. S. Steel permission to install a live camera that will safely capture...

Newsroom Type: Press Release YEAR: 2021 | December 16, 2021

United States Steel Corporation Provides Fourth Quarter 2021 Guidance and Business Updates

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided fourth quarter 2021 guidance. Fourth quarter 2021 adjusted EBITDA is expected to be approximately $1.65 billion.“Our business continues to operate at record safety, quality, and reliability levels,” commented U. S. Steel President and Chief Executive Officer David B. Burritt. “We are ending 2021 from a...

Newsroom Type: Press Release YEAR: 2021 | December 09, 2021

U. S. Steel, Norfolk Southern, and Greenbrier Collaborate on New, Sustainable High-Strength Steel Railcar

Reduced railcar weight lessens carbon emissions; Improved design extends useful lifePITTSBURGH--(BUSINESS WIRE)-- Three of America's leading industrial and transportation companies – United States Steel Corporation (NYSE: X), Norfolk Southern Corporation (NYSE: NSC) and The Greenbrier Companies, Inc. (NYSE: GBX) – today jointly announced a new, more sustainable steel gondola railcar. Using an...

Newsroom Type: Press Release YEAR: 2021 | November 11, 2021

United States Steel Corporation Further Strengthens Balance Sheet by Permanently De-Risking a Portion of its Pension Plan

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced it has purchased group annuity contracts from Banner Life Insurance Company and William Penn Life Insurance Company of New York (both subsidiaries of Legal & General America, Inc. and, together, referred to as “Legal & General”) to transfer approximately $284 million of the Company’s...

Newsroom Type: In The News YEAR: 2021 | November 07, 2021

United States Steel Corporation’s Statement on Passage of Infrastructure Bill

November 05, 2021“Passage of the infrastructure bill is a major advance for the long term vitality of the U.S. economy. With President Biden’s expected signing, the men and women of America will soon be deploying their grit and ingenuity to a no regrets rebuilding of America as the world leader. There’s no doubt that American industry and people will leverage our capabilities to sustainably...

Newsroom Type: Press Release YEAR: 2021 | October 28, 2021

United States Steel Corporation Reports Record Third Quarter 2021 Results

Net earnings of $2.002 billion, or $6.97 per diluted shareAdjusted net earnings of $1.543 billion, or $5.36 per diluted shareAdjusted EBITDA of $2.027 billionLiquidity of $4.503 billion, including cash of $2.044 billionPITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) reported third quarter 2021 net earnings of $2.002 billion, or $6.97 per diluted share. Adjusted net...

Newsroom Type: Press Release YEAR: 2021 | October 28, 2021

United States Steel Corporation Announces a $300 Million Stock Repurchase Program and Increases Its Quarterly Dividend to $0.05 Per Share

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that its Board of Directors approved significant enhancements to its capital allocation priorities aligned with the continued execution of its Best for All℠strategy. The enhancements include:A stock repurchase program under which up to $300 million of the Company’s outstanding common stock...