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 Q1 2024

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Earnings data Q3 2024

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.

Nippon Steel Corp

US Steel has been bought by Nippon Steel in a $14.1 billion deal. In a statement on Monday, the Japanese group said it plans to buy US Steel in an all-cash transaction at $55 per share, which represents a 40%premium to the US steelmaker's closing share price on Friday.

US Steel bought by Nippon Steel in $14.1bn deal

Japan's Nippon Steel said on Monday it would buy U.S. Steel in a deal valued at $14.9 billion, helping it add significant capacity in a key market that is primed for a price hike.

Japan's Nippon Steel to buy U.S. Steel in $14.9 bln deal

The deal would combine steel giants in America and Japan. Shares of U.S. Steel surged almost 30% in premarket trading.

Nippon Steel to Acquire U.S. Steel for $14.1 Billion

Nippon, the world's No.4 steelmaker, sees the U.S. as a growth market that can help to offset declining demand in Japan, the Nikkei daily, which earlier reported the deal, said.

Japan's Nippon Steel makes $14.9B offer to buy US Steel

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of United States Steel Corporation (NYSE: X) to Nippon Steel Corporation for $55.00 per share is fair to U. S. Steel shareholders. Halper Sadeh encourages U. S. Steel shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whethe.

X Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of United States Steel Corporation Is Fair to Shareholders

Japan's largest steelmaker will buy the American company for $55 a share in cash, a 40% premium to the stock's closing price Friday.

U.S. Steel Stock Soars on $14.9 Billion Acquisition by Nippon Steel

Nippon Steel JP: 5401, -1.07% said it's buying U.S. Steel X, +1.21% for $14.1 billion, or $55 per share, which is a 40% premium. Nippon Steel said it will honor all collective bargaining agreements with United Steelworkers Union and that both boards have approved the deal.

Nippon Steel said it's reached a deal to buy U.S. Steel for $14.1 billion

TOKYO & PITTSBURGH--(BUSINESS WIRE)--Nippon Steel Corporation (NSC) (TSE: 5401), Japan's largest steelmaker and one of the world's leading steel manufacturers, and United States Steel Corporation (NYSE: X) ("U. S. Steel”), a leading steel producer with competitive advantages in low-cost iron ore, mini mill steelmaking, and best-in-class finishing capabilities, today announced that they have entered into a definitive agreement pursuant to which NSC will acquire U. S. Steel in an all-cash transac.

Nippon Steel Corporation (NSC) to Acquire U. S. Steel, Moving Forward Together as the ‘Best Steelmaker with World-Leading Capabilities'

U.S. Steel (X) navigates challenges, redirects strike-impacted tons and expresses optimism to improve steel markets and strategic growth initiatives.

Lower Volume & Price to Hurt US Steel's (X) Flat-Rolled in Q4

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) today provided fourth quarter 2023 adjusted net earnings per diluted share guidance of $0.20 to $0.25. Fourth quarter 2023 adjusted EBITDA is expected to be approximately $250 million. Commenting on fourth quarter guidance, President and Chief Executive Officer David B. Burritt said, “Our expected fourth quarter performance is in-line with commentary provided on our October earnings call. We successfully navigated the impact.

United States Steel Corporation Provides Fourth Quarter 2023 Guidance

U.S. Steel (X) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

U.S. Steel (X) Surges 6.1%: Is This an Indication of Further Gains?

Cleveland-Cliffs

United States Steel Corporation (NYSE: X) opened in the green today following a report that Cleveland-Cliffs Inc (NYSE: CLF) is now willing to pay over $40 a share for the integrated steel producer. Cleveland-Cliffs has raised its original bid Cleveland had initially offered to buy U.S.

Cleveland is reportedly willing to pay over $40 a share for U.S. Steel

Nucor

Universal Stainless & Alloy Products

The automotive demand recovery, strength in non-residential construction and a rebound in steel prices should enable the Zacks Steel Producers industry to thrive. NUE, X and USAP are set to gain from favorable industry fundamentals.

3 Steel Producer Stocks to Watch in a Promising Industry

U.S. Steel (X) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About U.S. Steel (X) Rating Upgrade to Buy

U.S. Steel (X) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

United States Steel Corporation (X) Hits Fresh High: Is There Still Room to Run?

Up to 1,000 jobs are on the chopping block for U.S. Steel Corporation's Granite City Works mill in southern Illinois, the company announced this week.

US Steel announces plans to lay off hundreds at southern Illinois mill

U.S. Steel (NYSE: X ) layoffs are a hot topic on Wednesday after the steel products manufacturing company revealed the closing of a blast furnace. U.S. Steel has revealed that the final blast furnace at its Granite City plant will be idled indefinitely.

U.S. Steel Layoffs 2023: What to Know About the Latest U.S. Steel Job Cuts

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it has earned the highly respected Mansfield Certification, an accreditation awarded to a small group of companies who successfully improve the diversity profile of their corporate legal departments. Developed and presented by Diversity Lab, the certification recognizes U. S. Steel's commitment to expanding the pool of qualified talent considered for leadership, including to historically.

U. S. Steel Earns Mansfield Certification for Progressing Diversity, Equity, and Inclusion in Legal Department

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) released its 2023 Task Force on Climate-Related Financial Disclosures (TCFD) report, outlining how climate-related risks are managed, what climate-related opportunities exist, and U. S. Steel's approach to addressing climate-related issues in the areas of governance, strategy, risk management, and metrics and targets. The 2023 TCFD report reaffirms U. S. Steel's commitment to providing stakeholders with incre.

U. S. Steel Releases 2023 Task Force on Climate-Related Financial Disclosures Report

U.S. Steel operates in a highly cyclical industry. The company is coming near the end of a capital investment plan that will materially alter its business.

3 Things You Need to Know If You Buy United States Steel Today

United States Steel is in the midst of a major business overhaul. The company's investments in new mills, notably electric arc mini-mills, are nearly complete.

This Industrial Stock Is Finally Ready to Shine. Is It a Buy?

United States Steel Corporation's financials show it is still cheap despite beaten-down estimates, but the company's share price fluctuations make it a risky time to invest. The company's debt is manageable, with an interest coverage ratio of 16x, and it has a strong current ratio and no liquidity problems. The steel industry's profitability and efficiency metrics fluctuate with economic conditions, but when the company is profitable, these metrics are above average.

United States Steel Corporation: Not Buying So Close To The Top

United States Steel is an interesting cyclical stock due to its position as one of America's oldest and largest steel companies. The company's strategic alignment with the Inflation Reduction Act and investments in sustainable steel production position it for potential growth. X is actively exploring potential takeover opportunities, adding an extra layer to the bull case.

U.S. Steel Is A Buy In Light Of Megatrends, M&A, And Strategic Investments

A group representing major automakers on Tuesday said the industry opposes steelmaker Cleveland-Cliffs's proposed acquisition of U.S. Steel , saying it would increase auto industry costs and slow electric vehicle sales.

Automakers oppose Cleveland-Cliffs push to buy U.S. Steel

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (“U. S. Steel” or the “Company”) (NYSE: X) announced today a significant step in its ongoing commitment to sustainability, environmental excellence and the communities it serves. The company converted two of its diesel switcher locomotives at the Mon Valley Works' Edgar Thomson and Clairton Plants to state-of-the-art battery-operated locomotives. The locomotives are built by Innovative Rail Technologies (IRT), a provider of customized.

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