United States Steel Corp (X)
33.26 -0.76 (-2.23%)
United States Steel Corporation is a leading steel producer that manufactures a wide range of steel products for various industries, including automotive, construction, energy, and consumer goods. The company operates several steel mills and facilities across the United States and has a history of innovation in steel production, focusing on sustainability and efficiency. In addition to steelmaking, United States Steel is involved in mining operations to source raw materials, while also engaging in the development of advanced technologies to enhance environmental performance and minimize its carbon footprint. With a commitment to quality and service, the company plays a vital role in the domestic and global steel supply chain.
U. S. Steel Employees to Host Rally at Mon Valley Works Clairton Plant to Fight for their Futures in Support of Nippon Steel Transaction
Employees of United States Steel Corporation (NYSE: X) (“U. S. Steel”) today will host a rally at the U. S. Steel Mon Valley Works Clairton Plant in support of the Nippon Steel transaction. Represented and non-represented employees, along with community members and local elected officials, will gather to reinforce their support for the transaction. They will again call on officials across the nation to recognize the significant benefits this transaction holds for employees and other stakeholders and to advocate for regulatory reviews to be focused on the merits of the deal. Earlier this week, Nippon Steel announced that all eligible USW-represented U. S. Steel employees and eligible non-represented employees will receive a $5,000 bonus within 30 days of deal closing. Altogether, the Closing Bonus will result in a nearly $100 million aggregate payment to qualifying employees. *
By United States Steel Corporation · Via Business Wire · December 12, 2024
U. S. Steel Reacts to Important Department of Commerce Preliminary Results
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today reacted to the U.S. Department of Commerce’s preliminary findings regarding oil country tubular goods (OCTG) from Argentina and Mexico. In its release, Commerce preliminarily found that Argentine OCTG produced/exported by Tenaris’ Siderca S.A.I.C and Mexican OCTG produced/exported by Tenaris’ Tubos de Acero de Mexico, S.A., continued to be dumped in the U.S. market at rates of 6.80% and 30.38%, respectively, during the 2022-2023 review period.
By United States Steel Corporation · Via Business Wire · December 5, 2024
The Secret Metal That Helped Win WWII is Back, And Prices Are Soaring
Via FinancialNewsMedia · November 25, 2024
This Mystery Metal Has Skyrocketed by 200% in 2024
Via FinancialNewsMedia · November 20, 2024
United States Steel Corporation Declares Dividend
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 Wednesday, December 11, 2024, to stockholders of record at the close of business on Monday, November 11, 2024.
By United States Steel Corporation · Via Business Wire · October 31, 2024
United States Steel Corporation Reports Third Quarter 2024 Results
United States Steel Corporation (NYSE: X) reported third quarter 2024 net earnings of $119 million, or $0.48 per diluted share. Adjusted net earnings was $140 million, or $0.56 per diluted share. This compares to third quarter 2023 net earnings of $299 million, or $1.20 per diluted share. Adjusted net earnings for the third quarter 2023 was $350 million, or $1.40 per diluted share.
By United States Steel Corporation · Via Business Wire · October 31, 2024
U. S. Steel Featured in Episode of “Inside the Blueprint” Airing on Bloomberg TV
United States Steel Corporation (NYSE: X) (“U. S. Steel”) is featured in “Inside the Blueprint,” an award-winning B2B TV series airing nationally on Bloomberg TV as independently-produced branded content. The series highlights groundbreaking innovations in commercial construction, design and engineering, showcasing products and technologies that transform the way people live, work and play.
By United States Steel Corporation · Via Business Wire · October 17, 2024
United States Steel Corporation to Release Third Quarter 2024 Financial Results on October 31, 2024
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the third quarter 2024 on Thursday, October 31, 2024, following the close of trading on the New York Stock Exchange.
By United States Steel Corporation · Via Business Wire · October 9, 2024
Nippon Steel Investment Would Generate Incremental Economic Impact of Nearly $1 Billion in Pennsylvania Beyond Base Investment
United States Steel Corporation (NYSE: X) (“U. S. Steel”) released a new economic impact analysis today, conducted by Parker Strategy Group, that assesses how the proposed $1 billion investment committed by Nippon Steel Corporation (“Nippon Steel”) to modernize U. S. Steel’s Mon Valley Works following the closing of the pending merger with U. S. Steel would generate a significant economic impact in Pennsylvania.
By United States Steel Corporation · Via Business Wire · October 1, 2024
Board of Arbitration Rules in Favor of U. S. Steel, Affirming Transaction with Nippon Steel
United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “Company”) today announced the Board of Arbitration, which is jointly selected by U. S. Steel and the United Steelworkers (“USW”) to decide disputes between them, ruled that U. S. Steel has satisfied each of the conditions of the successorship clause of its Basic Labor Agreement (“BLA”) with the USW and that no further action under the BLA is required to proceed to closing the pending transaction between U. S. Steel and Nippon Steel (the “Transaction”).
By United States Steel Corporation · Via Business Wire · September 25, 2024
U. S. Steel Earns World’s First Ever Certification for ResponsibleSteel™ Certified Steel at its Big River Steel Operation
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced it is the first steel company in the world to qualify to sell its products as ResponsibleSteel Certified Steel at its Big River facility in Osceola, Arkansas. Big River received the first ResponsibleSteel Site Certification in North America in 2022 and is once again at the forefront of innovation by achieving certification for sustainably sourced and manufactured steel.
By United States Steel Corporation · Via Business Wire · September 24, 2024
United States Steel Corporation Provides Third Quarter 2024 Guidance
United States Steel Corporation (NYSE: X) today provided third quarter 2024 adjusted net earnings per diluted share guidance of $0.44 to $0.48. Third quarter 2024 adjusted EBITDA is expected to be approximately $300 million.
By United States Steel Corporation · Via Business Wire · September 19, 2024
MarketBeat Week in Review – 9/9 - 9/13
Markets were mostly positive this week as benign inflation numbers did nothing to dampen expectations that the Federal Reserve will cut interest rates
Via MarketBeat · September 14, 2024
3 Steel Stocks to Buy for a Tariff Tailwind
The combination of sustained tariffs on Chinese steel and lower interest rates make these three steel stocks ones to watch heading into 2025
Via MarketBeat · September 13, 2024
3 Stocks to Watch as Call Option Activity Heats Up
Three stocks were the choice for option traders to buy thousands of call options on, as the potential upside is confirmed by Wall Street analysts
Via MarketBeat · September 12, 2024
Don’t Miss Out: U.S. Steel Stock Poised for a Major Rally
United States Steel stock has sold off by 30% recently, and now responsive buyers are starting to pour into the stock as they realize the upside is unfair today
Via MarketBeat · September 10, 2024
U. S. Steel Announces ZMAG™, A Superior Coated Steel Product Made to Tackle the Harshest Conditions
United States Steel Corporation (“U. S. Steel” or the “Company”) (NYSE: X) today announced the roll out of ZMAG™ coated steel, a revolutionary new carbon flat rolled coated steel product. Engineered to be stronger, more resilient, and more sustainable than existing products on the market today, ZMAG™ steel rises to the challenge of the world’s harshest conditions and introduces a new level of reliability and durability for the solar, automotive, and construction industries.
By United States Steel Corporation · Via Business Wire · September 9, 2024
U. S. Steel, USW and Wheeling-Nippon File Trade Cases on Imports of Corrosion-Resistant Steel
On September 5, 2024, U. S. Steel, along with the United Steelworkers union (“USW”) and Wheeling-Nippon, has filed antidumping and countervailing duty petitions with the United States Department of Commerce (“DOC”) and the United States International Trade Commission (“ITC”), on imports of corrosion-resistant steel (“CORE”) from Australia, Brazil, Canada1, Mexico, Netherlands, South Africa, Taiwan, Turkey, United Arab Emirates, and Vietnam.
By United States Steel Corporation · Via Business Wire · September 6, 2024
U. S. Steel Employees to Rally in Support of Nippon Steel Transaction
Employees of United States Steel Corporation (NYSE: X) (“U. S. Steel”) today will host a rally at the U. S. Steel Tower in Pittsburgh in support of the Nippon Steel transaction. Employees will call on elected officials in Pennsylvania and across the nation to recognize the significant merits of the transaction for U. S. Steel employees, communities, customers, and American steelmaking.
By United States Steel Corporation · Via Business Wire · September 4, 2024
U. S. Steel Featured in "Military Makeover: Operation Career" Airing on Lifetime TV
United States Steel Corporation (NYSE: X) (“U. S. Steel”) is featured in “Military Makeover: Operation Career” in an episode titled, “Forging New Careers in Steel.” The series shares stories of military veterans who have successfully transitioned to civilian life by finding meaningful and rewarding career opportunities.
By United States Steel Corporation · Via Business Wire · August 22, 2024
United States Steel Corporation Declares Dividend
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 Wednesday, September 11, 2024, to stockholders of record at the close of business on Monday, August 12, 2024.
By United States Steel Corporation · Via Business Wire · August 1, 2024
United States Steel Corporation Reports Second Quarter 2024 Results
United States Steel Corporation (NYSE: X) reported second quarter 2024 net earnings of $183 million, or $0.72 per diluted share. Adjusted net earnings was $211 million, or $0.84 per diluted share. This compares to second quarter 2023 net earnings of $477 million, or $1.89 per diluted share. Adjusted net earnings for the second quarter 2023 was $483 million, or $1.92 per diluted share.
By United States Steel Corporation · Via Business Wire · August 1, 2024
Molten Industries Leads Strategic Partnership With U. S. Steel and CPFD Software to Pioneer Carbon-Neutral Steel Production
Molten Industries (“Molten”) will spearhead a collaborative effort with United States Steel Corporation (“U. S. Steel” ) (NYSE: X) and CPFD Software (“CPFD”) to design, build, and test a pilot-scale system aimed at eliminating carbon emissions from iron reduction under a U.S. Department of Energy (“DOE”) grant.
By Molten Industries · Via Business Wire · July 23, 2024
U. S. Steel Recognized as a “Best Place to Work for Disability Inclusion” with Top Disability Equality Index® Score
U. S. Steel (NYSE: X) announced today it has once again received a top score of 100 on the Disability Equality Index®, the leading corporate benchmarking tool for disability equality, and earned its fourth consecutive recognition as a “Best Place to Work for Disability Inclusion.” By annually completing the Index, U. S. Steel demonstrates its commitment to strengthening inclusion across its organization and enhancing what it believes is a distinct business advantage: the ability to leverage the skills of people who identify as having a disability.
By United States Steel Corporation · Via Business Wire · July 16, 2024
United States Steel Corporation to Release Second Quarter 2024 Financial Results on August 1, 2024
United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the second quarter 2024 on Thursday, August 1, 2024, following the close of trading on the New York Stock Exchange.
By United States Steel Corporation · Via Business Wire · July 10, 2024