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.

Cleveland-Cliffs

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel” or “the Company”) today confirmed that it has invited Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) to participate in its previously announced strategic review process. The Company previously disclosed it has commenced a formal review process, with the assistance of outside financial and legal advisors, to evaluate strategic alternatives for the Company after receiving multiple unsolicited proposals that ranged f.

U. S. Steel Confirms Receipt of Unsolicited Proposals from Cleveland-Cliffs and Multiple Other Parties; Reaffirms Competitive Strategic Review Process to Maximize Stockholder Value

Cleveland-Cliffs said it offered cash and stock worth $35 a share for its main competitor, valuing U.S. Steel at more than $7 billion.

U.S. Steel Rejects Offer from Cleveland-Cliffs

The Gilded Age company said a partial or full sale is being considered.

U.S. Steel Eyes Potential Sale After Several Unsolicited Bids

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cleveland-Cliffs” or “Cliffs”) is publicly announcing a previously private offer that it had presented to the Board of the United States Steel Corporation (NYSE:X) (“U.S. Steel”) on July 28, 2023. That offer, which was reiterated in writing to the U.S. Steel Board on August 11, 2023, proposed acquiring 100% of the outstanding stock of U.S. Steel for a per share value of $17.50 in cash and 1.023 shares of Cliffs stock. On July 28, 2.

Cleveland-Cliffs Proposes to Acquire U.S. Steel

United States Steel Corp. (X) is considering a sale after fielding acquisition offers, according to a Sunday press release from the company.

US Steel receiving acquisition offers as company promises to maximize stockholder value

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that its Board of Directors has decided to initiate a formal review process, with the assistance of outside financial and legal advisors, to evaluate strategic alternatives for the Company. The Board of Directors and management team are committed to acting in the best interests of the Company, its stockholders and its stakeholders. U. S. Steel has made significant progress transforming the Com.

U. S. Steel Announces Strategic Alternatives Process

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) and Google Cloud today announced a new collaboration to build applications using Google Cloud's generative artificial intelligence (“gen AI”) technology to drive efficiencies and improve employee experiences in the largest iron ore mine in North America. As a leading manufacturer engaging in gen AI with Google Cloud, U. S. Steel continues to advance its more than 100-year legacy of innovation. The first gen A.

U. S. Steel Aims to Improve Operational Efficiencies and Employee Experiences with Google Cloud's Generative AI

Nucor

Steel Dynamics

Nucor, U.S. Steel and others are counting on infrastructure projects and auto production to raise demand.

U.S. Steelmakers Are Still Expanding as Demand Slows

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced the appointment of Emily Chieng as Investor Relations Officer, effective September 2023. She succeeds Kevin Lewis who was appointed Vice President, Finance in December 2022. In her role, Chieng will focus on enhancing understanding and awareness of the company's Best for All® strategy by facilitating communications between current and prospective investors, the company's senior leadership team.

U. S. Steel Names Goldman Sachs Alum Emily Chieng as Investor Relations Officer

U.S. Steel (X) exceeds Q2 estimates despite lower year-over-year average selling prices in most segments and reduced shipments.

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

United States Steel Corp (NYSE:X ) Q2 2023 Earnings Conference Call July 28, 2023 8:30 AM ET Company Participants Kevin Lewis - Vice President, Finance David Burritt - President and Chief Executive Officer Jessica Graziano - Senior Vice President and Chief Financial Officer Richard Fruehauf - Senior Vice President and Chief Strategy and Sustainability Officer Conference Call Participants Tristan Gresser - BNP Paribas Exane Carlos De Alba - Morgan Stanley Curt Woodworth - Credit Suisse Alexander Hacking - Citi Operator Good morning, everyone, and welcome to the United States Steel Corporation Second Quarter 2023 Earnings Conference Call and Webcast. As a reminder, today's call is being recorded.

United States Steel Corp (X) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for U.S. Steel (X) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

U.S. Steel (X) Reports Q2 Earnings: What Key Metrics Have to Say

United States Steel (X) came out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.86 per share. This compares to earnings of $3.86 per share a year ago.

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

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Thursday, September 7, 2023, to stockholders of record at the close of business on Monday, August 7, 2023. Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company's customer-centric Best for All® strateg.

United States Steel Corporation Declares Dividend

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) reported second quarter 2023 net earnings of $477 million, or $1.89 per diluted share. Adjusted net earnings was $483 million, or $1.92 per diluted share. This compares to second quarter 2022 net earnings of $978 million, or $3.42 per diluted share. Adjusted net earnings for the second quarter 2022 was $1,116 million, or $3.89 per diluted share. Commenting on the second quarter's performance, U. S. Steel President and Chief.

U. S. Steel Delivers Another Strong Quarter; Best for All® Strategy On-Track

Ford Motor Company

Intel

T-Mobile US

After U.S. markets closed on Tuesday, Alphabet beat estimates on both the top and bottom lines.

Earnings Previews: Ford, Intel, T-Mobile, US Steel

PITTSBURGH--(BUSINESS WIRE)--U. S. Steel (NYSE: X) announced today that for the third consecutive year, the Company was recognized as a “Best Place to Work for Disability Inclusion,” with a top score of 100 on the Disability Equality Index® (DEI). Also this year, U. S. Steel's President and CEO, David B. Burritt, joined more than 150 other global CEOs that have signed Disability:IN's “CEO Letter on Disability Inclusion,” a collective call to advance disability inclusion in the workplace. Over t.

U. S. Steel Recognized as a 'Best Place to Work for Disability Inclusion' with Top Disability Equality Index Score

A discussion of Future Energy and the demand for steel. Why United States Steel Corporation has two catalysts that could drive its shares higher. According to my estimates, United States Steel Corporation is priced at around 5x this year's EPS.

United States Steel: Future Energy Isn't Happening Without Steel

Favorable end-market demand, healthy order entry and higher selling prices are likely to have aided U.S. Steel's (X) second-quarter results.

U.S. Steel (X) to Report Q2 Earnings: What's in the Offing?

U.S. Steel (X) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate United States Steel (X) to Report a Decline in Earnings: What to Look Out for

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy United States Steel (X) Stock?

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.

U.S. Steel (X) Is Attractively Priced Despite Fast-paced Momentum

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--Today, United States Steel Corporation (NYSE: X) (U. S. Steel) announced environmental product declarations (EPDs) across three key offerings including Hot-Rolled, Cold-Rolled and Corrosion-Resistant flat-rolled products where the steel has been melted at Big River Steel Works. The EPDs provide quantifiable, independent, and audited environmental data on these core products. These enhanced disclosures are valid for five years and equip U. S. Steel customers with obj.

U. S. Steel Unlocks New Environmental Data for Customers with EPDs on Flat-Rolled Coil Products Melted at Big River Steel Works

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the second quarter 2023 on Thursday, July 27, 2023, following the close of trading on the New York Stock Exchange. Interested stockholders, investors and others may listen to the company's webcast on Friday, July 28, 2023, at 8:30 a.m. ET. The webcast will discuss the second quarter 2023 financial results and provide a company update which may include.

United States Steel Corporation to Release Second Quarter 2023 Financial Results on July 27, 2023; Invites Retail and Institutional Investors to Submit Questions

Returning to the pre-inflation shock level means that U.S. Steel stock will have to gain over 59% from here.

News for United States Steel Stock (X)