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 Q3 2023

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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 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.

U.S. Steel stock's 55% fall from its March highs didn't stun us. The market has already set up its steep fall since its buying momentum failure in March. Recent headlines on recessionary headwinds and stranded asset risks worsened sentiments. However, X could be consolidating at the current levels.

U.S. Steel: Be Very Careful Buying This Dip (Technical Analysis)

United States Steel (X) closed at $17.91 in the latest trading session, marking no change from the prior day.

United States Steel (X) Flat As Market Gains: What You Should Know

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) ("U. S. Steel") announced today it would expand its low-cost iron ore competitive advantage and increase its self-sufficiency by supplying domestic feedstock to its growing fleet of electric arc furnaces (EAFs). The Company expects related improvements to its capital and carbon intensity and financial performance from anticipated future internal and external EAF demand. New Production of Direct Reduced (DR)-grade Pellets U.

U. S. Steel Announces Update on Metallics Strategy

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This is Nextracker's third new factory, adding to the company's new Texas and Arizona factories announced in April and May, towards building 10 GW of annual domestic solar tracker capacity   PITTSBURGH , June 28, 2022 /PRNewswire/ -- Nextracker LLC , the global market leader in utility-scale solar trackers, and BCI Steel, a Pittsburgh-based steel fabricator, today announced the reopening of the historic Bethlehem Steel manufacturing factory in nearby Leetsdale to produce solar tracker equipment for large-scale solar power plants. The steel processing plant will incorporate both BCI Steel's new and reshored equipment shipped to the U.S. from factories in Malaysia and Brazil.

Nextracker and BCI Steel Renovate Abandoned Pittsburgh Steel Factory to Serve Growing U.S. Utility-Scale Solar Market

PITTSBURGH--(BUSINESS WIRE)---- $X #CarbonCapture--The United States Department of Energy's National Energy Technology Laboratory (DOE-NETL) has selected the University of Illinois Urbana-Champaign's Prairie Research Institute (PRI) for an award of $3,459,554 for research and development to support a front-end engineering design (FEED) study on carbon dioxide (CO2) removal technologies. The study will focus on the advancement of a direct air capture and utilization system (DACUS), which can remove 5,000 metric tons

University of Illinois Receives $3.5 Million from the Department of Energy to Advance Air Capture and Storage Study at U. S. Steel's Gary Works

U.S. Steel (X) expects to continue delivering record performance in the second quarter, with each business segment significantly contributing to profitability.

U.S. Steel (X) Provides Q2 Guidance, Sees Record Performance

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United States Steel Corporation (NYSE: X) shares are trading higher by 5.06% to $20.57 after the company issued second-quarter adjusted EPS guidance above estimates. U.S. Steel says second-quarter 2022 adjusted EBITDA is expected to be approximately $1.6 billion, a new all-time best.

Why United States Steel Shares Are Rising

United States Steel Corporation (NYSE:X) attempted to set support at $24 three weeks ago. The stock has since tested the support.

United States Steel still declining and yet to find support

United States Steel Corporation (NYSE: X) provides 2Q22 guidance; It expects adjusted EBITDA of ~$1.6 billion. The company expects adjusted net earnings per diluted share of $3.83 to $3.88, versus a consensus of $3.20.

United States Steel Stock Gains On Strong Q2 Outlook

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) today provided second quarter 2022 guidance. Second quarter 2022 adjusted EBITDA is expected to be approximately $1.6 billion, a new all-time best second quarter performance. Second quarter 2022 adjusted net earnings per diluted share is expected to be in the range of $3.83 to $3.88. “We expect to continue delivering record performance in the second quarter, with each business segment meaningfully contributing to profitabili

United States Steel Corporation Provides Record Second Quarter 2022 Guidance

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Is United States Steel (X) a great pick from the value investor's perspective right now? Read on to know more.

Is United States Steel (X) a Potential Stock for Value Investors?

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PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today the appointment of Jessica T. Graziano as Senior Vice President and Chief Financial Officer, effective August 8, 2022. Ms. Graziano will report directly to David B. Burritt, President and Chief Executive Officer, and have responsibility for all aspects of finance, including financial planning and analysis, corporate accounting, tax, treasury, pension investments and investor relations. She wil

United States Steel Corporation Names Jessica Graziano as Senior Vice President and Chief Financial Officer

U.S. Steel is no longer the same Group it was 9 years ago. Apart from having a lower steel-making capacity, it has also adopted mini-mill EAF technology. The Group today has a stronger Balance Sheet and better cash-generating ability. Although smaller in size, it has better profit-generating characteristics.

U.S. Steel: A Different Group Than 9 Years Ago

Spiking inflation and interest rates necessary to match it are beginning to drag consumer/business confidence and demand lower. A recession may already be hitting America in the middle of 2022.

U.S. Steel Tends To Burn Investors During Recessions

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PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “company”) today announced that it has completed an amendment and restatement of the company's $1.75 billion asset-based sustainability-linked credit facility (the “ABL”). The ABL maturity has been extended to 2027 and contains targeted sustainability key performance indicators (KPIs) related to carbon reduction, safety performance and facility site certification by ResponsibleSteelTM. The ABL will incu

U. S. Steel Extends Sustainability-Linked ABL Credit Facility

United States Steel has pulled back considerably despite reporting record Q1 profits. Q2 will likely be a strong quarter as well, but a slowdown is expected over the following quarters.

Why Did United States Steel Stock Drop And Can It Rebound To $30?

United States Steel Corporation (NYSE:X) is a solid low-priced value stock that all investors should focus on right now. The counter is trading at $24.63.

News for United States Steel Stock (X)