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.

Japanese companies, especially those considering investing in the U.S., are closely watching Washington's review of Nippon Steel's proposed $15 billion acquisition of U.S. Steel , Japan's biggest business lobby Keidanren said on Friday.

Japan's top business lobby on alert over US review of Nippon's bid for US Steel

The White House is reportedly preparing to block U.S. Steel's proposed acquisition by Nippon Steel. The U.S. government has the power to block transactions involving foreign buyers if national security issues are identified.

Why U.S. Steel Stock Fell This Week

The US government is reportedly considering blocking Japan's Nippon Steel Corp (TYO: 5401) from acquiring United States Steel Corporation (NYSE: X) for $14.1 billion, citing national security concerns. However, no clear public evidence supports this claim, according to Matthew Slaughter, Dean of Dartmouth's Tuck School of Business.

Is Nippon Steel's acquisition of US Steel a real national security concern?

24/7 Wall St. Insights If Nippon Steel does not acquire United States Steel Corp.

US Steel Could Collapse

Nippon Steel Corp

Nippon Steel Corp has not received any update from the Committee on Foreign Investment in the United States (CFIUS) regarding the company's proposed $14.9 billion acquisition of U.S. Steel , the Japanese company said on Thursday.

Nippon Steel says no update from CFIUS over US Steel deal

U.S. Steel shares drop more than 15% on report White House preparing to block Nippon Steel takeover

U.S. President Joe Biden is preparing to block Nippon Steel's acquisition of U.S. Steel, the Washington Post reported on Wednesday, citing three unnamed sources.

Biden preparing to block Nippon's US Steel takeover, Washington Post reports

U.S. Steel's CEO is warning that the failure of its planned sale to Nippon Steel would lead to the closure of steel mills that would be modernized if the deal proceeds.

US Steel CEO says company likely to close steel mills if proposed $14B sale to Nippon Steel falls through

The CEO of U.S. Steel (X) warned that the company would have to close steel plants and likely move its headquarters from Pittsburgh if the $14.9 billion purchase of the company by Nippon Steel doesn't go through.

US Steel CEO Warns of Plant Closings, HQ Move if Nippon Steel Deal Fails

CEO David Burritt said US Steel is banking on a $3 billion investment from Nippon to survive.

US Steel will close plants, move HQ from Pittsburgh if Nippon sale fails, CEO warns

CEO David Burritt says his company faces plant closures and a smaller future if Nippon Steel isn't allowed to buy the business.

U.S. Steel Needs the Money. Bad Politics Can Take Away Jobs.

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--Employees of United States Steel Corporation (NYSE: X) (“U. S. Steel”) today will host a rally at the U. S. Steel Tower in Pittsburgh in support of the Nippon Steel transaction. Employees will call on elected officials in Pennsylvania and across the nation to recognize the significant merits of the transaction for U. S. Steel employees, communities, customers, and American steelmaking. “Today's rally is about displaying support for the transaction with Nippon Steel.

U. S. Steel Employees to Rally in Support of Nippon Steel Transaction

Chief Executive David Burritt says U.S. Steel needs $3 billion in upgrades to compete.

U.S. Steel may be forced to leave Pittsburgh if Nippon deal gets scrapped: WSJ

U.S. Steel's X -6.09%decrease; red down pointing triangle chief executive said the company would close steel mills and likely move its headquarters out of Pittsburgh if its planned sale to Nippon Steel 5401 -3.54%decrease; red down pointing triangle collapses.

U.S. Steel Warns of Plant Closings if Sale Collapses

United States Steel Corporation (NYSE:X) stock is sliding today, last seen down 3.9% to trade at $36.43.

United States Steel Stock Slips After Harris Statement

Japan's biggest steelmaker Nippon Steel said on Thursday it plans to make an additional investment of about $1.3 billion in U.S. Steel's two mills as part of its pending acquisition of the U.S. company.

Japan's Nippon Steel plans to invest $1.3 billion more in U.S. Steel's mills

The Japanese steel maker is working to convince American stakeholders that its purchase of the company is best for employees and the U.S. industry.

Nippon Ups Ante in Bid for U.S. Steel. A Deal Is a Little More Likely.

Nippon Steel will invest at least $1 billion to improve X's Mon Valley Works' competitiveness.

U.S. Steel's Mills to Get Additional Investment From Nippon Steel

TOKYO , Aug. 28, 2024 /PRNewswire/ -- Nippon Steel Corporation ("Nippon Steel") (TSE: 5401) today announced additional project investments to be made at Mon Valley Works and Gary Works, as part of its pending acquisition ("Transaction") of United States Steel Corporation ("U. S. Steel") (NYSE: X).

Nippon Steel Announces Transformative Investments at U. S. Steel's Mon Valley Works and Gary Works

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) is featured in “Military Makeover: Operation Career” in an episode titled, “Forging New Careers in Steel.” The series shares stories of military veterans who have successfully transitioned to civilian life by finding meaningful and rewarding career opportunities. This episode engages audiences looking to learn more about the steel industry and the veterans who are making a difference by highlighting the perso.

U. S. Steel Featured in "Military Makeover: Operation Career" Airing on Lifetime TV

Although the revenue and EPS for U.S. Steel (X) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, U.S. Steel (X) Q2 Earnings: A Look at Key Metrics

U.S. Steel (X) tops earnings estimates in the second quarter amid pricing headwinds across its segments.

U.S. Steel's (X) Earnings and Revenues Surpass Estimates in Q2

United States Steel (X) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $1.92 per share a year ago.

United States Steel (X) Beats Q2 Earnings and Revenue Estimates

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) reported second quarter 2024 net earnings of $183 million, or $0.72 per diluted share. Adjusted net earnings was $211 million, or $0.84 per diluted share. This compares to second quarter 2023 net earnings of $477 million, or $1.89 per diluted share. Adjusted net earnings for the second quarter 2023 was $483 million, or $1.92 per diluted share. Commenting on the Company's second quarter performance, U. S. Steel President and.

United States Steel Corporation Reports Second Quarter 2024 Results

Pennsylvania Gov. Josh Shapiro, a potential Democrat running mate for Vice President Harris, expressed his opposition to Nippon Steel's bid to buy U.S. Steel in remarks Tuesday.

News for United States Steel Stock (X)