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 (X) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will U.S. Steel (X) Beat Estimates Again in Its Next Earnings Report?

U.S. Steel (X) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

U.S. Steel (X) Upgraded to Buy: What Does It Mean for the Stock?

Recently, Zacks.com users have been paying close attention to U.S. Steel (X). This makes it worthwhile to examine what the stock has in store.

Is Most-Watched Stock United States Steel Corporation (X) Worth Betting on Now?

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Best for All is the name United States Steel has given its long-term manufacturing overhaul. There has been a lot of up-front cost involved in shifting to the new model.

U.S. Steel: 2024 Is the Target

United States Steel (X) expects strong growth in Q2, with anticipated adjusted EPS in the range of $1.81-$1.86 and an adjusted EBITDA of $775 million.

U.S. Steel (X) Sees Strong Growth in Q2 on Higher Prices

United States Steel Corp. X, -1.89% offered an earnings outlook that exceeded the FactSet consensus Monday as the company noted it was benefiting from higher selling prices. U.S. Steel expects to see $1.81 to $1.86 in adjusted earnings per share this year, the company said in a Monday release.

U.S. Steel gives upbeat outlook on earnings per share, citing pricing benefits

United States Steel Corporation offers investors a solid opportunity to gain exposure to the steel market and the trend of reshoring manufacturing back to the US. X has diversified its order book and established partnerships with US-based customers, such as General Motors, to support consistent earnings and maintain a strong balance sheet. Despite risks related to volatile commodity prices, X is trading at a low P/E compared to its sector, making it a buy at current price levels.

United States Steel - The Pullback Is An Opportunity

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) today provided second quarter 2023 adjusted net earnings per diluted share guidance of $1.81 to $1.86. Second quarter 2023 adjusted EBITDA is expected to be approximately $775 million. Commenting on second quarter guidance, President and Chief Executive Officer David B. Burritt said, “We expect to deliver another strong quarter of safety, operational and financial performance driven by our continued focus on strategic market.

United States Steel Corporation Provides Second Quarter 2023 Guidance

Zacks.com users have recently been watching U.S. Steel (X) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

United States Steel Corporation (X) is Attracting Investor Attention: Here is What You Should Know

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today issued its 2022 Environmental, Social and Governance (ESG) Report titled, “Essential for our Future,” reaffirming its commitment to sustainable steelmaking and a greener economy. Steel is essential to enabling critical green technologies like wind turbines, solar fields, and electric vehicle motors. Moreover, sustainable steel can contribute towards lowering the greenhouse gas (GHG) emissions of other p.

U. S. Steel Issues ESG Report Highlighting Continued Progress on Ambitious Sustainability Goals

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today issued its 2023 Diversity, Equity and Inclusion (DEI) Report, which emphasizes its strong commitment to fostering a culture that supports all employees. Highlights of the report include an increase in the representation of women and people of color in leadership, including 61% candidate diversity for Director and above roles in 2022. U. S. Steel is also delivering on its commitment to 100% equity in pay.

U. S. Steel Issues 2023 Diversity, Equity and Inclusion Report

U.S. Steel (X) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

U.S. Steel (X) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

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One of the biggest problems facing a steel company is the huge cost of running steel mills. A key metric to watch with steel mills is the utilization rate.

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U.S. Steel is an icon in the steel industry, though it no longer dominates the industry like it once did. A big drawback of its business model is its reliance on blast furnaces.

This Is Why U.S. Steel Wants to Be More Like Nucor

U.S. Steel (X) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

United States Steel Corporation (X) Is a Trending Stock: Facts to Know Before Betting on It

The proceeds from the Green Bonds will be used by U.S. Steel (X) to partly fund the development of the company's new technologically advanced flat-rolled steelmaking facility, BR2.

U.S. Steel (X) Closes Financing of $240M for Big River 2

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).

What Makes U.S. Steel (X) a New Buy Stock

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “Company”) today announced the closing of $240 million unsecured Arkansas Development Finance Authority environmental improvement revenue bonds, which carry a green bond designation (the “Green Bonds”). The Green Bonds, issued through Arkansas Development Finance Authority, have a coupon rate of 5.70% and carry a final maturity of 2053. Under the agreement with the Arkansas bond issuer, U. S. Steel will.

U. S. Steel Closes on $240 Million Financing to Support Big River 2

PITTSBURGH--(BUSINESS WIRE)--On Friday, May 12, 2023, a Pennsylvania court issued an order allowing six Mon Valley residents to represent more than 123,000 of their neighbors in a lawsuit over air pollution from U.S. Steel. The lawsuit, Hernandez v. U.S. Steel (Case No. GD-19-005325), arose in December 2018 after a massive fire disabled U.S. Steel's pollution controls at its coke works in Clairton, Pennsylvania. When U.S. Steel continued production during the 102 days it took to restore those c.

Class Action Against U.S. Steel Certified for Over 123,000 Pennsylvania Residents, Announces Miner, Barnhill & Galland P.C.

Investors need to pay close attention to United States Steel (X) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in United States Steel (X) Stock?

Investors Heavily Search United States Steel Corporation (X): Here is What You Need to Know

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The heavy selling pressure might have exhausted for U.S. Steel (X) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

U.S. Steel (X) Loses -17.21% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

While the company's revenues for the quarter came in at about $4.47 billion, marking a decline of 14.5% versus last year, adjusted earnings stood at $0.77 per share, down from $3.11 per share in the year-ago period, due to a sharp decline in profits from the flat-rolled, mini-mill and U.S.

News for United States Steel Stock (X)