Media - Newsroom - www.ussteel.com

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

United States Steel Corporation Releases 2020 Sustainability Report

“Balancing human progress and the health of our planet is the challenge of our lifetimes, and for energy- and resource-intensive industries like steelmaking, it’s a complex and daunting proposition. But U. S. Steel has never backed down from a big challenge. We are forging a bold path forward to achieve that critical balance by producing steel in ways that are Best for All ℠ – customers,...

Newsroom Type: Press Release YEAR: 2021 | June 08, 2021

U. S. Steel Announces Sale of Transtar, LLC to Fortress Transportation and Infrastructure Investors LLC for $640 Million

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel” or the "Company") announced today that it has agreed to sell Transtar, LLC to an affiliate of Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) (“FTAI”) for $640 Million. The transaction is expected to close in the third quarter of 2021, subject to customary closing conditions including...

Newsroom Type: In The News YEAR: 2021 | April 30, 2021

An Open Letter to our Pittsburgh Family

For 120 years, U. S. Steel has been intertwined with the development and evolution of Pittsburgh. Together, we built a proud legacy of steelmaking that made this America’s “Steel City.Almost two years ago, U. S. Steel was excited to stand shoulder to shoulder with our workers, community leaders, and neighbors to announce an investment in state-of-the-art steel casting and rolling...

Newsroom Type: Press Release YEAR: 2021 | April 29, 2021

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 $0.01 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday, June 9, 2021 to stockholders of record at the close of business on Monday, May 10, 2021.Founded in 1901, the United States Steel Corporation is a Fortune 250...

Newsroom Type: Press Release YEAR: 2021 | April 29, 2021

United States Steel Corporation Reports First Quarter 2021 Results

Net earnings of $91 million, or $0.35 per diluted shareAdjusted net earnings of $283 million, or $1.08 per diluted shareAdjusted EBITDA of $551 millionLiquidity of $2.909 billion, including cash of $753 millionPITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) reported first quarter 2021 net earnings of $91 million, or $0.35 per diluted share. Adjusted net earnings was $283...

Newsroom Type: Press Release YEAR: 2021 | April 22, 2021

United States Steel Corporation is First North American Steel Producer to Join ResponsibleSteel™

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced its membership in ResponsibleSteel™, a global not-for-profit forum for all members of the steel supply chain and civil society organizations to work together to promote steel’s contribution to a sustainable future.This press release features multimedia. View the full release here:...

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

United States Steel Corporation Announces Goal to Achieve Carbon Neutrality by 2050

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today expanded its transformational commitment to sustainability by setting an ambitious goal targeting net-zero carbon emissions by 2050.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210421005580/en/To achieve its net-zero goal for 2050, U. S....

Newsroom Type: Press Release YEAR: 2021 | April 12, 2021

United States Steel Corporation to Release First Quarter 2021 Financial Results on April 29, 2021

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the first quarter 2021 on Thursday, April 29, 2021 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, April 30, 2021 at 8:30 a.m. EDT. The...

Newsroom Type: Press Release YEAR: 2021 | March 26, 2021

Pittsburgh Penguins, Penguins Foundation and U. S. Steel Announce Partnership and Commitments to the Community

PITTSBURGH--(BUSINESS WIRE)-- The Pittsburgh Penguins, the Penguins Foundation, and U. S. Steel announced an official multi-year partnership today, focusing on the betterment and growth of our communities. The Penguins and U. S. Steel are joining forces as pillars in the Pittsburgh Community to invest in literacy and provide access to sports. “The Penguins remain committed to the advancement...

Newsroom Type: Press Release YEAR: 2021 | March 24, 2021

U. S. Steel Confirms Major Near-Term Expansion of Sustainability Commitments at Ceres 2021

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today announced its enhanced commitment to sustainable practices and the 2021 introduction of a new sustainable steel product line, verdeX™. These commitments were confirmed during the company’s leadership presence on the sustainable steel panel of the Ceres Conference 2021: Transform Tomorrow Today. The lead panelist for...

Newsroom Type: Press Release YEAR: 2021 | March 15, 2021

U. S. Steel Congratulates Eugene B. Sperling on His Appointment to Biden Administration

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) congratulated Eugene B. Sperling for his appointment to the Biden Administration, and thanked him for his contributions as a member of the company’s Board of Directors. “Gene Sperling has provided superb economic and strategic insight during his tenure on U. S. Steel’s Board,” U. S. Steel Chairman of the Board David S....

Newsroom Type: Press Release YEAR: 2021 | March 14, 2021

United States Steel Corporation Issues Revision to First Quarter 2021 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided a revision to the first quarter 2021 guidance provided on March 12, 2021. Expected first quarter 2021 adjusted EBITDA is unchanged at approximately $540 million and excludes impacts related to acquiring the remaining stake in Big River Steel. First quarter 2021 adjusted net earnings has been recalculated and...

Newsroom Type: Press Release YEAR: 2021 | March 12, 2021

United States Steel Corporation Provides First Quarter 2021 Guidance

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided first quarter 2021 guidance. First quarter 2021 adjusted EBITDA is expected to be approximately $540 million and excludes impacts related to acquiring the remaining stake in Big River Steel. First quarter 2021 adjusted net income is expected to be approximately $160 million and excludes impacts related to...

Newsroom Type: Press Release YEAR: 2021 | March 04, 2021

U. S. Steel Secures NanoSteel® Patents to Expand Capabilities of World Class Advanced High-Strength Steel Offerings

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today announced the acquisition of the flat rolled sheet patents and trademarks of The NanoSteel Company, Inc. as part of U. S. Steel’s ongoing commitment to offer customers the world’s best selection of advanced high-strength steels, which now includes the most formable high-strength steel available anywhere. This press...

Newsroom Type: Press Release YEAR: 2021 | February 17, 2021

United States Steel Corporation Announces Exercise in Full of Underwriter's Option to Purchase Additional Common Shares

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) announced today that, in connection with its recently completed offering of 42,000,000 shares of common stock at a price to the public of $16.3733 per share, the underwriter has exercised in full its option to purchase 6,300,000 additional shares of common stock (the "Additional Shares"). ...

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

U. S. Steel Commits to Disability Inclusion by Joining the Valuable 500

PITTSBURGH--(BUSINESS WIRE)-- Today, U. S. Steel announced that it has joined The Valuable 500, an organization whose member companies and their leaders are “committed to putting disability inclusion on their business leadership agenda. The Valuable 500 was created to “help unlock the social and economic value” of the more than 1.3 billion individuals living with disabilities. Of the...

Newsroom Type: Press Release YEAR: 2021 | February 12, 2021

United States Steel Corporation Earns Highest Rating on Corporate Equality Index

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) earned the highest possible rating on the Human Rights Campaign Foundation’s 2021 Corporate Equality Index (CEI), a national benchmarking survey and report measuring LGBTQ workplace equality. This has also earned the company the Best Place to Work for LGBTQ Equality designation for the second consecutive year. “This...

Newsroom Type: Press Release YEAR: 2021 | February 08, 2021

United States Steel Corporation Announces Pricing of Upsized Senior Notes Offering

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) today announced the pricing of its upsized $750 million aggregate principal amount of 6.875% senior notes due 2029 (the “Notes”). The size of the offering was upsized from $500 million to $750 million aggregate principal amount of Notes. The Notes will be issued at a price equal to 100% of...

Newsroom Type: Press Release YEAR: 2021 | February 08, 2021

United States Steel Corporation Announces Senior Notes Offering

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) today announced its intention to offer, subject to market and other conditions, $500 million aggregate principal amount of senior notes due 2029 (the “Notes”). On February 2, 2021, U. S. Steel issued a notice of redemption to redeem 35% or approximately $370 million aggregate principal...

Newsroom Type: Press Release YEAR: 2021 | February 02, 2021

United States Steel Corporation Announces Pricing of Upsized Common Stock Offering

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) announced today the pricing of its upsized underwritten public offering of 42,000,000 shares of common stock, for gross proceeds of approximately $699 million. The size of the offering was upsized from 40,000,000 shares to 42,000,000 shares. The company has granted the underwriter a 30-day...