United States Steel

United States Steel Corp. engages in the manufacturing and selling of steel products. It operates through the following business segments: Flat-Rolled Products, Mini Mill, U.S. Steel Europe, and Tubular Products. The Flat-Rolled Products segment includes managing steel plants and production facilities that manufacture steel slabs, rounds, strip mill plates, sheets, tin mill, iron ore, and coke. The Mini Mill segment produces hot-rolled, cold-rolled and coated sheets. The U.S. Steel Europe segment produces and markets strip mill plates, spiral welded pipe, heating radiators, refractory ceramic materials. The Tubular Products segment is involved in manufacturing and trading seamless and electric resistance welded steel casing and tubing. line pipe, and mechanical tubing. The company was founded in 1901 by Andrew Carnegie, John Pierpont Morgan, Charles Michael Schwab and Elbert Henry Gary and is headquartered in Pittsburgh, PA.

Earnings data Q1 2021

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U.S. Steel reports robust Q4 earnings, eyes strategic investments

United States Steel (X) showcased a strong financial performance, commitment to ESG transformation, and value creation for stakeholders. The company remains optimistic about the U.S. economy, steel industry sustainability, and long-term pricing prospects.

U.S. Steel surpasses Q1 earnings, eyes growth amid green initiatives

United States Steel (X) delivered strong financial results in Q1 2023, exceeding expectations. The company is focused on strategic projects, decarbonization efforts, and maintaining stakeholder commitment for sustainable growth.

United States Steel (X) reports robust Q2 earnings and growth opportunities

United States Steel (X) delivered a strong Q2 performance, showcasing financial strength and strategic focus. Despite potential challenges in steel prices and segment volumes, the company remains optimistic about future prospects. With a commitment to innovation and growth, U.S. Steel is well-positioned to capitalize on industry trends and drive shareholder value.

U.S. Steel reports strong Q3 performance, eyes value in 2024

U.S. Steel reports strong Q3 performance and optimistic about unlocking value in 2024. Challenges include potential CO2 cost hike and sequential decline in Q4 EBITDA. Company emphasizes cash priority and commitment to delivering value.

U.S. Steel posts strong Q4 earnings, eyes growth through NSC merger

U.S. Steel delivered a strong financial quarter, highlighted by robust earnings and solid liquidity. The pending merger with NSC offers growth potential and strategic advantages. While challenges like integration and market uncertainties exist, the company's outlook remains positive.

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United States Steel Corp. engages in the manufacturing and selling of steel products. It operates through the following segments: Flat-Rolled Products, Mini Mill, U.S. Steel Europe, and Tubular Products. The Flat-Rolled Products segment includes managing steel plants and production facilities that manufacture slabs, rounds, strip mill plates, sheets, tin mill, iron ore, pellets, pig iron, and coke. The Mini Mill segment produces hot and cold-rolled, coated sheets and electrical steels. The U.S. Steel Europe segment involves the production and marketing of sells slabs, strip mill plate, sheet, tin mill products, and spiral welded pipe. The Tubular Products segment manufactures and trades seamless and electric resistance welded steel casing and tubing, line pipe, and mechanical tubing. The company was founded in 1901 and is headquartered in Pittsburgh, PA.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, U.S. Steel (X) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, U.S. Steel (X) Is Still a Bargain Stock

Nippon Steel's purchase of United States Steel, the venerable company J.P. Morgan founded by buying out Carnegie in 1901, gets the old company off the hook for huge tax payments, and their cognates, that have been its burden for years.

U.S. Steel's Epic Entanglement In Taxes

Nippon Steel Corp

WASHINGTON — President Joe Biden believes “serious scrutiny” is warranted for the planned acquisition of U.S. Steel by Japan's Nippon Steel, the White House said Thursday after days of silence on a transaction that has drawn alarm from the steelworkers union.

Biden believes U.S. Steel sale to Nippon Steel warrants ‘serious scrutiny,' White House says

WASHINGTON, Dec 21 (Reuters) - The White House on Thursday said Nippon Steel Corp's (5401.T) $14.9 billion proposed acquisition of U.S. Steel Corp (X.N) deserves "serious scrutiny," given the company's core role in domestic steel production that is critical to national security.

Nippon-U.S. Steel deal deserves 'serious scrutiny,' White House says

A former “confidante” and campaign manager for Sen. Bob Casey (D-Pa.

Onetime Bob Casey ‘confidante' lobbied for US Steel before foreign acquisition

United States Steel NYSE: X was once a more important American company than it is today, having been a Dow component until 1990. But it's back in the headlines after Japan's Nippon Steel Corp. OTCMKTS: NPSCY said it would acquire the company for $14.1 billion.

US Steel forges ahead on news of $14.1 billion acquisition

Dec 21 (Reuters) - Investors are betting Nippon Steel Corp (5401.T) will take longer to complete its $14.9 billion acquisition of U.S. Steel Corp (X.N) because opposition from some U.S. lawmakers and labor unions will lead to regulators scrutinizing the deal more.

Investors see US politics delaying Nippon Steel's U.S. Steel acquisition

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United States Steel has agreed to be purchased by Nippon Steel. Cleveland-Cliffs stock might be the better bet for 2024.

U.S. Steel Stock Has Soared. These Stocks Are The Better Bet Now.

Japanese steel giant Nippon Steel acquires U.S. Steel (X) in a $14.1 billion deal, boosting global reach and aiming for steelmaking dominance.

U.S. Steel (X) Agrees to be Acquired by Nippon Steel for $14.1B

Nippon Steel President Eiji Hashimoto says the acquisition would boost economic security, but U.S. politicians and workers object.

A Free-World Champion to Rival China: Nippon Chief's Ambitions for U.S. Steel Deal

Alphabet

Kenvue

Naval taskforce formed to protect commercial vessels in the Red Sea from Houthi rebel attacks.

Naval Task Force; Japanese Takeover

A U.S. industrial icon is being bought at a hefty premium by a Japanese competitor. U.S. politicians are already crying foul—although regulatory arguments against a deal look questionable.

Nippon Makes Steely Bet on a U.S. Manufacturing Renaissance

US Steel is set to be sold for $14.9 billion to Japanese company Nippon Steel. US Steel was founded in 1901 and was once the world's most valuable company.

US Steel, the 122-year old company that was once America's biggest, is set to be sold to Nippon Steel

U.S. Steel has agreed to be acquired by Nippon Steel for $55 per share in cash. The deal caps a strategic alternatives process that began back in August 2023, and it still subject to approval from shareholders and regulatory authorities.

Why United States Steel Stock Soared Today

U.S. Steel shareholders voted in favor of the proposed $14.9 billion acquisition by Japan's Nippon Steel , moving the merger closer to completion while the deal faces regulatory scrutiny and political opposition.

U.S. Steel shareholders give greenlight to Nippon Steel's $14.9 bln takeover bid

U.S. President Joe Biden plans to formally block Nippon Steel's proposed buyout of the company on national security grounds, Bloomberg News reported on Wednesday, citing people familiar with the matter.

U.S. Steel's proposed $14.9 billion merger with Nippon Steel

Japan's Nippon Steel's $14.9-billion acquisition of U.S. Steel (X.N), finalized at auction on Monday, is the culmination of multiple bids by a range of suitors for the 122-year-old company, once the largest corporation in the world.

Road to Nippon's $14.9-billion acquisition of U.S. Steel

Steel stocks for U.S. companies are rising today after U.S. Steel (NYSE :X ) announced that it will be bought by Nippon Steel (OTCMKTS: NPSCY ). Shares in the iconic American steelmaker are jumping more than 25% on the news.

Why Are Steel Stocks X, CLF, NUE, STLD Up Today?

U.S. Steel (X) shares jumped over 26% in early trading Monday after Nippon Steel Corporation, Japan's largest steelmaker, agreed to buy the iconic American company in a $14.9 billion deal.

U.S. Steel Sold to Japan's Nippon Steel in $14.9 Billion Deal

United States Steel Corporation (NYSE: X) is up 25% today after Nippon Steel Corp (TYO: 5401) said it will buy the integrated steel producer for $14.9 billion. Details of Nippon-U.S. Steel deal The all-cash agreement values each share of U.S. Steel at $55 – more than 150% premium on their year-to-date low in early June.

U.S. Steel stock jumps another 25%: explained here

It's official, United States Steel Corporation (NYSE:X) is being bought by Japan-based Nippon Steel for $14.9 billion, including debt.

Steel Stock Breaks Out After Buyout

MILWAUKEE , Dec. 18, 2023 /PRNewswire/ -- Ademi LLP is investigating U.S. Steel (NYSE: X) for possible breaches of fiduciary duty and other violations of law in its transaction with Nippon Steel. Click here to learn how to join the https://www.ademilaw.com/case/united-states-steel-corporation or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether United States Steel Corporation has obtained a Fair Price in its transaction with Nippon Steel

Two big deals were announced before markets opened on Monday. A Japanese steelmaker is buying an iconic U.S.

US Steel Going to Japan; EV Maker Nio Gets Boost from Abu Dhabi

Japan's Nippon Steel has won the bidding war for U.S. Steel, with the $15-billion price providing a jolt to other steel stocks, including CLF, NUE and STLD.

U.S. Steel's $14.9-Billion Price Tag Keeps Fire Under Steel Stocks, But Why?

Nippon Steel agreed over the weekend to purchase U.S. Steel. There are many stocks in the energy, industrial, and materials sectors sporting attractive valuations that have thus far gotten left out of the market rally.

News for United States Steel Stock (X)