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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Earnings data Q4 2024

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.

X's Q3 guidance reflects resilience amid pricing challenges, driven by strong flat-rolled demand and strategic investments.

U.S. Steel Projects Strong Q3 Despite Tubular and European Headwinds

Thursday, the iconic American steel maker offered a solid mid-quarter update. It offered a statement about the Nippon deal too.

U.S. Steel Stock Is Rising. 3 Reasons Why.

Nippon Steel Corp

United States Steel Corp.'s stock rose 2.2% early Thursday after the company updated third-quarter guidance and said it's still confident it can win the necessary approvals for its planned takeover by Japan's Nippon Steel, and that it can close the deal by year-end.

U.S. Steel's stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) today provided third quarter 2024 adjusted net earnings per diluted share guidance of $0.44 to $0.48. Third quarter 2024 adjusted EBITDA is expected to be approximately $300 million. Commenting on third quarter guidance, President and Chief Executive Officer David B. Burritt said, “Adjusted EBITDA guidance of $300 million is in-line with our prior third quarter outlook and reflects resilient domestic flat-rolled steel demand.

United States Steel Corporation Provides Third Quarter 2024 Guidance

Shares of U.S. Steel (X) advanced Wednesday amid a report that Nippon Steel has been given more time by Biden administration officials to provide information about its $14.9 billion takeover of the iconic American company.

Nippon Steel Reportedly Gets Extension To Provide Plans for US Steel Takeover

United States Steel Corp (NYSE:X) is back in the news today, after a Reuters report indicated the U.S.' Committee on Foreign Investment (CIFUS) granted a request from both companies to push back the review of the Nippon merger 90 days.

U.S. Steel Stock Recovers as Merger Review Pushed Back

Shares of United States Steel were rising after the government decided to delay a review of the company's potential takeover by Japanese steel firm Nippon Steel.

U.S. Steel Stock Is Rising. The Politics Are Geting More Muddled.

Key Points: U.S. Steel is struggling financially and needs a buyer, with Nippon Steel offering a potential solution.

US Steel's Struggles: A Potential Buyout Blocked by National Security Concerns

A national security committee reviewing Nippon Steel's bid for U.S. Steel granted a request by the companies to refile their bid for approval of the deal, a person familiar with the matter said on Tuesday, giving the Biden administration until after the U.S. presidential election to make a decision about whether to block the deal.

US decision on Nippon's bid for US Steel pushed back until after election

United States Steel stock surged nearly 9% during Wednesday's trading, recovering somewhat from more than a 30% correction in its price from the beginning of the year, after a revival in discussions around the company's acquisition by Nippon Steel Corporation. Incidentally, the stock is currently trading 10% higher compared to a year back, indicating it has been a volatile period for the United States Steel stock, since back in December 2023 when Nippon Steel entered into a definitive arrangement to acquire the company at a valuation of $55 per share.

Acquisition Chatter Heats U.S. Steel

US Steel (NYSE: X) Is in Trouble

A powerful U.S. national security panel reviewing Nippon Steel's $14.9 billion bid for U.S. Steel faces a Sept. 23 deadline to recommend whether the White House should block the deal, two people familiar with the matter said.

Nippon Steel bid for U.S. Steel faces Sept. 23 review deadline, sources say

Cleveland-Cliffs

Steel Dynamics

In May 2024, the Biden administration announced plans to leave the tariffs imposed on Chinese steel during the Trump administration in place. In fact, the administration also sought to triple the tariffs to 25%.

3 Steel Stocks to Buy for a Tariff Tailwind

3 Steel Stocks to Buy for a Tarriff Tailwind

The Biden administration's opposition to Nippon Steel's acquisition of U.S. Steel is bound to scuttle the deal, but Japan is unlikely to back away from its overall investments in the U.S.

U.S. Steel Deal Looks Dead. Japan Won't Hold a Grudge.

U.S. Steel (X) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

U.S. Steel (X) Moves 7.0% Higher: Will This Strength Last?

In addition to greater strength and flexibility, X is providing an exclusive 25-year warranty on ZMAG-coated steel.

U.S. Steel Unveils ZMAG-Coated Steel to Meet Environmental Challenges

The stock market occasionally offers investors an unfair risk-to-reward setup to take advantage of some of the best and most stable stocks. Today, there's no apparent recession or systemic discount across the market.

Don't Miss Out: U.S. Steel Stock Poised for a Major Rally

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (“U. S. Steel” or the “Company”) (NYSE: X) today announced the roll out of ZMAG™ coated steel, a revolutionary new carbon flat rolled coated steel product. Engineered to be stronger, more resilient, and more sustainable than existing products on the market today, ZMAG™ steel rises to the challenge of the world's harshest conditions and introduces a new level of reliability and durability for the solar, automotive, and construction ind.

U. S. Steel Announces ZMAG™, A Superior Coated Steel Product Made to Tackle the Harshest Conditions

JetBlue Airways

United States Steel Corp (NYSE:X) stock is up 4.1% at $32.55 at last check, after an upgrade from JPMorgan Securities to "overweight" from "neutral," and at GLJ to "buy" from "sell.

2 Stocks Rising on Upgrades Today

Nucor

Following the pressure on shares of North America steel companies due to weakening fundamentals, they are now more attractively valued.

Steel Stocks Rebound: JPMorgan Lifts Ratings On Nucor, Steel Dynamics, US Steel

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

This United States Steel Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

PITTSBURGH--(BUSINESS WIRE)--On September 5, 2024, U. S. Steel, along with the United Steelworkers union (“USW”) and Wheeling-Nippon, has filed antidumping and countervailing duty petitions with the United States Department of Commerce (“DOC”) and the United States International Trade Commission (“ITC”), on imports of corrosion-resistant steel (“CORE”) from Australia, Brazil, Canada1, Mexico, Netherlands, South Africa, Taiwan, Turkey, United Arab Emirates, and Vietnam. Duane D. Holloway, Senior.

U. S. Steel, USW and Wheeling-Nippon File Trade Cases on Imports of Corrosion-Resistant Steel

One of US Steel's rivals has entered the fight over the steelmaker's sale. US Steel threatened to close its mills if Biden blocks its sale to Japan's Nippon Steel.

The fight over US Steel is intensifying, and a top competitor now wants in

The average target for the stock price among analysts tracked by FactSet is about $42, while shares were at about $30 on Friday morning.

News for United States Steel Stock (X)