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.

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) today announced that its new electrical steel product, InduX™, will begin production at its Big River Steel facility in the summer of 2023 with the commissioning of its new non-grain oriented (NGO) electrical steel line. InduX™ electrical steel is a very wide, ultra-thin, and light-weight steel, having all the magnetic properties necessary for electric vehicles (EV), as well as generators and transformers.

U. S. Steel Introduces InduX™ Electrical Steel at Ceres Global

U.S. Steel (X) provides earnings guidance for Q1. It expects strong momentum across key markets backed by healthy demand and higher realized prices for its products.

U.S. Steel (X) Gives Q1 View, Expects Strong Market Momentum

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.

Is United States Steel (X) Stock Undervalued Right Now?

The company flags higher flat-rolled steel demand in North America, an indicator of strong activity from manufacturers.

U.S. Steel Stock Surges. Its Forecast Bodes Well for Other Steelmakers.

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) today provided first quarter 2023 guidance on adjusted EBITDA of approximately $375 million. First quarter 2023 adjusted net earnings per diluted share is expected to be in the range of $0.58 to $0.63. “Momentum continues to build in the North American flat-rolled market,” commented U. S. Steel President and Chief Executive Officer David B. Burritt.

United States Steel Corporation Provides First Quarter 2023 Guidance

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World's Most Ethical Companies. This is the second consecutive year that U. S. Steel has been recognized and is the only integrated steel producer to be chosen. It is one of only two honorees in the Metals, Minerals & Mining industry.

United States Steel Corporation Named One of the World's Most Ethical Companies® for 2023

U.S. Steel (X) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

U.S. Steel (X) Shows Fast-paced Momentum But Is Still a Bargain Stock

While European and to a lesser extent Asian countries are grappling with high energy and other input prices for steel production, U.S. Steel enjoys the benefits of North America's affordable energy. EU steel production is currently near 25-year lows, with only the post-2008 financial crisis monthly production recording slightly lower output volumes.

U.S. Steel: Taking Advantage Of EU Steel Production That Is On The Verge Of Imploding

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PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) (“U. S. Steel”) and CarbonFree Chemicals Holdings, LLC (CarbonFree) have signed a non-binding Memorandum of Understanding (MoU) to jointly pursue the capture of CO2 emissions generated from U. S. Steel's Gary Works manufacturing plant using CarbonFree's SkyCycle™ technology.

U. S. Steel and CarbonFree Ink MoU to Capture CO2 Emissions at One of the Largest Integrated Steel Mills in North America

U.S. Steel has made good use of an industry upturn, but it still has a material headwind to contend with.

Can This Steel Stock Keep Up With the Competition?

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that Alicia J. Davis has been elected to the Company's Board of Directors, effective March 1, 2023. Ms. Davis is Chief Strategy Officer at Lear Corporation, a global automotive supplier of seating and electrical distribution and electronic systems. In this role, Ms.

Alicia J. Davis Elected to U. S. Steel Board of Directors

U.S. Steel (X) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for U.S. Steel (X): Will It Gain?

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.

Here Is Why Bargain Hunters Would Love Fast-paced Mover U.S. Steel (X)

Here is how United States Steel (X) and Olympic Steel (ZEUS) have performed compared to their sector so far this year.

Has United States Steel (X) Outpaced Other Basic Materials Stocks This Year?

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that it will supply General Motors (GM) with its advanced and sustainable steel solution called verdeX® steel. The steel is manufactured with up to 75 percent fewer emissions compared to traditional blast furnace production1, is made with up to 90 percent recycled content and is endlessly recyclable without degradation. U. S.

U. S. Steel Announces Supply Agreement with General Motors for U.S.-Sourced Sustainable verdeX® Steel

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “Company”) and its subsidiaries, Big River Steel LLC and BRS Finance Corp. (together, “Big River Steel”), announced today the commencement of consent solicitations to holders of the outstanding notes and bonds listed in the table below

United States Steel Corporation Announces Consent Solicitations With Respect to Big River Steel Debt Obligations

United States Steel X shares are trading higher after the company reported better-than-expected Q4 EPS and sales results.

Why United States Steel Shares Are Trading Higher Today - United States Steel (NYSE:X)

United States Steel Corporation (NYSE:X ) Q4 2022 Results Conference Call February 3, 2023 8:30 AM ET Company Participants Kevin Lewis - Vice President, Investor Relations and Corporate FP&A David Burritt - President and CEO Jessica Graziano - Senior Vice President and CFO Rich Fruehauf - Senior Vice President and Chief Strategy and Sustainability Officer Conference Call Participants Alexander Hacking - Citigroup Inc. Tristan Gresser - BNP Paribas Exane Emily Chieng - Goldman Sachs Philip Gibbs - KeyBanc Capital Markets Inc. Lawson Winder - Bank of America Gordon Johnson - GLJ Research Operator Good morning, everyone, and welcome to United States Steel Corporation's Fourth Quarter and Full Year 2022 Earnings Conference Call and Webcast. As a reminder, today's call is being recorded.

United States Steel Corporation (X) Q4 2022 Earnings Call Transcript

U.S. Steel (X) beats Q4 estimates despite lower overall shipments and lower prices across Flat-Rolled, Mini Mill and U.S. Steel Europe units.

U.S. Steel's (X) Earnings and Revenues Top Estimates in Q4

Although the revenue and EPS for U.S. Steel (X) give a sense of how its business performed in the quarter ended December 2022, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

U.S. Steel (X) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

U.S. Steel (X) delivered earnings and revenue surprises of 45% and 9.74%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

United States Steel (X) Q4 Earnings and Revenues Surpass Estimates

PITTSBURGH--( BUSINESS WIRE )--United States Steel Corporation (NYSE: X) reported fourth quarter 2022 net earnings of $174 million, or $0.68 per diluted share. Adjusted net earnings was $226 million, or $0.87 per diluted share and excluded the impact of a one-time signing bonus related to the United Steelworkers labor agreement and other one-time items detailed in the reconciliation of adjusted net earnings table. This compares to fourth quarter 2021 net earnings of $1.07 billion, or $3.75 per diluted share. Adjusted net earnings for the fourth quarter 2021 was $1.43 billion, or $5.01 per diluted share.

U. S. Steel Delivering on Strategic Commitments; Reports Solid Fourth Quarter and Second-Best Earnings in 2022

U.S. Steel dropped Thursday with earnings due after the market closes. The post U.S. Steel Stock Bases Ahead Of Earnings, As Industry Rebounds appeared first on Investor's Business Daily.

U.S. Steel Stock Bases Ahead Of Earnings, As Industry Rebounds

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In early trading Wednesday, the Dow Jones industrials traded down 0.41%, the S&P 500 was up 0.02% and the Nasdaq traded down 0.07%.

News for United States Steel Stock (X)