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Newsroom Type: Press Release YEAR: 2017 | September 25, 2017
United States Steel Corporation and Kobe Steel Announce New Investment in Advanced High-Strength Steel Capabilities
PITTSBURGH, September 25, 2017 – Today, United States Steel Corporation (NYSE: X) and Kobe Steel, Ltd. have announced their agreement to begin construction of a new continuous galvanizing line (CGL) at their subsidiaries’ joint venture, PRO-TEC Coating Company in Leipsic, Ohio, in response to an increased demand for advanced high-strength steels (AHSS). The new CGL, an investment of...
Newsroom Type: Press Release YEAR: 2017 | August 01, 2017
United States Steel Corporation Announces Pricing Of Senior Notes Offering
PITTSBURGH, Aug. 1, 2017 /PRNewswire/ -- United States Steel Corporation (NYSE: X) today announced the pricing of its $750,000,000 aggregate principal amount of 6.875% Senior Notes due 2025 (the "Notes"). The Notes were issued at a price equal to 100% of their face value. The Notes will pay interest semi-annually in arrears on February 15 and August 15 of each year beginning...
Newsroom Type: Press Release YEAR: 2017 | August 01, 2017
United States Steel Issues Statement On Incident At Great Lakes Works
PITTSBURGH, Aug. 1, 2017 /PRNewswire/ -- United States Steel Corporation (NYSE: X) issued the following statement regarding an incident at U. S. Steel's Great Lakes Works facility in Ecorse and River Rouge, Michigan. The company's statement follows: "Earlier today, there was an incident at U. S. Steel's Great Lakes Works in the facility's Hot Strip Mill. "Five employees were transported...
Newsroom Type: Press Release YEAR: 2017 | July 31, 2017
United States Steel Corporation Announces Proposed Senior Notes Offering
PITTSBURGH, July 31, 2017 /PRNewswire/ -- United States Steel Corporation (NYSE: X) (the "Company" or "U. S. Steel") today announced its intention to offer, subject to market and other conditions, $750 million aggregate principal amount of senior notes due 2025 (the "Notes"). The Company intends to use the net proceeds from this offering, together with cash on hand, for the...
Newsroom Type: Press Release YEAR: 2017 | July 26, 2017
U. S. Steel Names Kevin Bradley As Executive Vice President And Chief Financial Officer
PITTSBURGH, July 26, 2017 /PRNewswire/ -- Today, United States Steel Corporation (NYSE: X) President and CEO David Burritt announced the appointment of Kevin P. Bradley as Executive Vice President and Chief Financial Officer. Bradley, who will be based at U. S. Steel's Pittsburgh headquarters, will report to David Burritt and join the company's executive management team. In this position,...
Newsroom Type: Press Release YEAR: 2017 | July 24, 2017
The Honorable Gene B. Sperling Elected To U. S. Steel Board Of Directors
PITTSBURGH, July 24, 2017 /PRNewswire/ -- United States Steel Corporation (NYSE: X) announced the Hon. Gene B. Sperling was elected to the company's Board of Directors today. Sperling served as Director of the National Economic Council (NEC) and Assistant to the President for Economic Policy in the White House under President Clinton from 1997 to 2001 and under President Obama...
Newsroom Type: Press Release YEAR: 2017 | June 30, 2017
U. S. Steel And Bedrock Industries Finalize Restructuring And Sale Of U. S. Steel Canada
PITTSBURGH, June 30, 2017 /PRNewswire/ -- United States Steel Corporation (NYSE: X) announced today that it has finalized an agreement with Bedrock Industries Group LLC (Bedrock) for the sale and transition of ownership of U. S. Steel Canada, Inc. (USSC) to Bedrock. The transaction was finalized following requisite court and other approvals. On Sept. 16, 2014, USSC applied for...
Newsroom Type: Press Release YEAR: 2017 | June 01, 2017
U. S. Steel Announces New Roles For Three Executive Leaders
PITTSBURGH, June 1, 2017 /PRNewswire/ -- Today, United States Steel Corporation (NYSE: X) President and Chief Executive Officer David B. Burritt announced new roles and responsibilities for operations-focused members of the company's executive leadership team, effective immediately. Vice President & Chief Supply Chain Officer Christine Breves will become Senior Vice...
Newsroom Type: Press Release YEAR: 2017 | June 01, 2017
U. S. Steel Names Barry Melnkovic As Vice President And Chief Human Resources Officer
PITTSBURGH, June 1, 2017 /PRNewswire/ -- Today, United States Steel Corporation (NYSE: X) President and Chief Executive Officer David B. Burritt announced the appointment of Barry Melnkovic as Vice President and Chief Human Resources Officer. Melnkovic, who will be based at U. S. Steel's Pittsburgh headquarters, will report to Burritt and join the company's...
Newsroom Type: Press Release YEAR: 2017 | May 10, 2017
U. S. Steel Announces Retirement of Chief Executive Officer Mario Longhi
PITTSBURGH, May 10, 2017 /PRNewswire/ -- Today, United States Steel Corporation (NYSE: X) announced the retirement of Mario Longhi from the company on June 30, 2017. He stepped down as CEO on May 8, 2017, but he will remain on the board of directors and serve as an employee of the company, providing transitional support, until his retirement. Also, on May 8, 2017, David B. Burritt,...
Newsroom Type: Press Release YEAR: 2017 | April 28, 2017
U. S. Steel Issues Update On Status Of Midwest Plant
PITTSBURGH, April 28, 2017 /PRNewswire/ -- Today, United States Steel Corporation (NYSE: X) issued the following statement regarding the process release at U. S. Steel's Midwest Plant in Portage, Ind., on April 11 and subsequent facility restart that concluded on April 17. The company's statement follows: "Following the controlled, phased and highly monitored restart at our Midwest...
Newsroom Type: Press Release YEAR: 2017 | April 25, 2017
United States Steel Corporation Reports First Quarter 2017 Results
PITTSBURGH, April 25, 2017 /PRNewswire/ -- United States Steel Corporation (NYSE: X) reported a first quarter 2017 net loss of $180 million, or $1.03 per diluted share, which included an unfavorable adjustment of $35 million, or $0.20 per diluted share, associated with the loss on the shutdown of certain tubular assets. This compared to a first quarter 2016 net loss of $340...
Newsroom Type: Press Release YEAR: 2017 | April 20, 2017
U. S. Steel Comments On President Trump's Section 232 National Security Investigation
PITTSBURGH, April 20, 2017 /PRNewswire/ -- Today, United States Steel Corporation (NYSE: X) issued the following statement in response to President Donald J. Trump's initiation of a Section 232 national security investigation. The company's statement follows: "A strong steel industry is at the foundation of America's economic and national security, and United States Steel Corporation is...
Newsroom Type: Press Release YEAR: 2017 | April 18, 2017
U. S. Steel Issues Statement On Midwest Plant Restart
PITTSBURGH, April 18, 2017 /PRNewswire/ -- Today, United States Steel Corporation (NYSE: X) issued the following statement regarding the process release at U. S. Steel's Midwest Plant in Portage, Ind., on April 11 and subsequent facility restart. The company's statement follows: "The controlled, phased and highly monitored restart at our Midwest Plant, which began on Friday, April 14, is...
Newsroom Type: Press Release YEAR: 2017 | April 14, 2017
U. S. Steel Issues New Update On April 11 Midwest Plant Incident
PITTSBURGH, April 14, 2017 /PRNewswire/ -- Today, United States Steel Corporation (NYSE: X) issued the following statement to provide further updates relative to the process release at U. S. Steel's Midwest Plant in Portage, Ind., on April 11. The company's statement follows: "Overnight and throughout the morning, U. S. Steel continued extensive testing on the repairs made at our Midwest...
Newsroom Type: Press Release YEAR: 2017 | April 13, 2017
U. S. Steel Issues Update On April 11 Midwest Plant Incident
PITTSBURGH, April 13, 2017 /PRNewswire/ -- Today, United States Steel Corporation (NYSE: X) issued the following statement to provide an update relative to the process release at U. S. Steel's Midwest Plant in Portage, Ind., on April 11 that impacted a water outfall that discharges to Burns Waterway. The company's statement follows: "U. S. Steel has identified the source of the process...
Newsroom Type: Press Release YEAR: 2017 | March 31, 2017
U. S. Steel Comments On President Trump's Executive Orders On Trade
PITTSBURGH, March 31, 2017 /PRNewswire/ -- Today, United States Steel Corporation (NYSE: X) issued the following statement in response to President Donald J. Trump's executive actions related to trade. The company's statement follows: "U. S. Steel welcomes the steps taken today by President Trump aimed at further identifying and addressing root causes of unfair trade. Tougher...
Newsroom Type: Press Release YEAR: 2017 | February 28, 2017
U. S. Steel Announces Executive Management Changes
PITTSBURGH, Feb. 28, 2017 /PRNewswire/ -- United States Steel Corporation (NYSE: X) today announced that David B. Burritt, who currently serves as executive vice president and chief financial officer, has been elected president and chief operating officer. Mario Longhi, who has served as president and chief executive officer since September 2013, will remain U. S. Steel's CEO...
Newsroom Type: Press Release YEAR: 2017 | February 21, 2017
United States Steel Corporation Takes Legal Action Against Minnesota Pollution Control Agency
PITTSBURGH, Feb. 21, 2017 /PRNewswire/ -- United States Steel Corporation (NYSE: X) today announced it has filed a Writ of Mandamus (Mandamus claim) against the Minnesota Pollution Control Agency (MPCA). The Mandamus claim is related to issues surrounding the National Pollutant Discharge Elimination System (NPDES) water permit for the company's Minnesota Ore Operations Minntac facility,...
Newsroom Type: Press Release YEAR: 2017 | February 15, 2017
United States Steel Corporation Announces Action On Section 337 Case
PITTSBURGH, Feb. 15, 2017 /PRNewswire/ -- United States Steel Corporation (NYSE: X) today issued the following statement in response to the company's decision to file a motion to withdraw without prejudice the trade secrets claim from consideration in the Section 337 complaint with the U.S. International Trade Commission (ITC). The company will continue to vigorously litigate the Section...