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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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.

U.S. Steel is exploring strategic options after receiving bids from several steel manufacturers, including Cleveland-Cliffs. The acquisition price for X shares could potentially increase by 10% to 27%. The company's valuation remains attractive compared to competitors, and the merger could provide synergy benefits.

U.S. Steel: How High Can You Go?

United States Steel Corp gets a Hold rating today. Strengths: valuation, performance vs. S&P 500, capital & liquidity. Offsetting factors: dividends, revenue growth, net income & EPS, share price vs. moving average.

United States Steel: Hold Rating Fueled By High Share Price With Poor Revenue Growth

Cleveland-Cliffs

A report says Cliffs has signed a so-called standstill agreement with U.S. Steel.

There's Been a Thaw in the U.S. Steel and Cleveland-Cliffs Relationship. The Stocks Edge Higher.

Stelco Holding's share price could come under pressure if a rumored and "potentially ambitious bid" for United States Steel Corporation (NYSE:X) (US Steel) proceeds due to the possibility of significant share dilution, according to analysts at Stifel. However, they believe that the likelihood of a successful bid is low given the significant financing requirements and complexity a takeover would involve.

Stelco's 'potentially ambitious bid' for US Steel faces limited success, Stifel says

The collaboration between U.S. Steel (X) and NETL represents a significant advancement in the former's goal of becoming net zero by 2050.

U. S. Steel (X) Partners With NETL to Capture Greenhouse Gas

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it has been named one of Newsweek's Top 100 Most Loved Workplaces® for the third year in a row. The national recognition is among the highest honors a workplace can achieve and underscores the success of U. S. Steel's Best for All® strategy that keeps the company on course as a steelmaker that is best for its people, customers, communities, and the planet. Since the award first launched i.

U. S. Steel Named One of America's Most Loved Workplaces® by Newsweek for Third Consecutive Year

U.S. Steel (X) anticipates a strong third-quarter performance, with each operational segment exceeding prior expectations, leading to a healthy adjusted EBITDA.

U.S. Steel (X) Sees Strong Q3 on Higher Flat-Rolled Prices

Commercial Metals

L. B. Foster

Nucor

POSCO

Steel Dynamics

While U.S. steelmakers are seeing firm demand across major end markets, lower steel prices are expected to be a drag on their third-quarter performance.

U.S. Steelmakers Paint Tepid Q3 Picture as Steel Prices Retreat

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--NETL and United States Steel Corporation (“U. S. Steel” or the “Company”) (NYSE: X) plan to test an advanced membrane technology to capture carbon dioxide (CO2) emissions generated by steelmaking operations at the Company's Edgar Thomson Plant, located in Braddock, Pennsylvania. The project is part of the U.S. Department of Energy (DOE)/NETL Point Source Carbon Capture Program. Point source carbon capture from industrial facilities, such as iron and steel manufactur.

NETL Collaborates with U. S. Steel to Capture Greenhouse Gas at Edgar Thomson Plant

U.S. Steel Corp. X, -0.49% shares rose in the extended session Monday after the steel maker provided a forecast that both accounted for the auto workers strike, and topped Wall Street estimates. U.S. Steel shares rose 1% after hours, following a 0.5% decline to close the regular session at $30.53.

U.S. Steel outlook on UAW strike tops Wall Street view

PITTSBURGH--(BUSINESS WIRE)---- $X #BestForAll--United States Steel Corporation (NYSE: X) today provided third quarter 2023 adjusted net earnings per diluted share guidance of $1.10 to $1.15. Third quarter 2023 adjusted EBITDA is expected to be approximately $550 million. Commenting on third quarter guidance, President and Chief Executive Officer David B. Burritt said, “We are on track to safely deliver a strong third quarter, with each of our operating segments outperforming earlier estimates and contributing to.

United States Steel Corporation Provides Third Quarter 2023 Guidance

U.S. Steel (X) explores strategic options in response to multiple unsolicited proposals.

U.S. Steel (X) Explores Strategic Alternatives Amid Proposals

United States Steel Corporation (NYSE:X) said it has entered into customary confidentiality agreements with numerous third parties and it is starting to share due diligence information as it considers bids for the company, sending its shares higher. In a letter to shareholders, CEO David Burritt and board chair David Sutherland said that the company believes it is its duty to “fully evaluate all options available for U.S.

U.S. Steel reviewing unsolicited acquisition bids

U.S. Steel Corp. stock X, -1.22% was up 2.2% in premarket trades on Tuesday after the industrial company said it's entering into customary confidentiality agreements with “numerous third parties” after announcing a strategic review on Aug. 13. “While we don't know how long the process will take, the board of directors, management team and outside advisors are moving quickly to complete it,” the company said in a letter to shareholders.

U.S. Steel inks confidentiality agreements as strategic review continues

Heavy investment pouring into the U.S. auto sector helps make the company an interesting play on an American manufacturing renaissance.

U.S. Steel Can Ride the Coattails of a U.S. Manufacturing Boom

Steel service center Esmark ended its $35 all-cash bid for United States Steel.

U.S. Steel Stock Drops. One Bidder Dropped Out.

Esmark on Wednesday said it wouldn't make a bid for steel maker United States Steel Corp. X, -1.95%, following an offer from miner and steel producer Cleveland-Cliffs Inc. CLF, +1.13% that had stronger union support. Esmark, a privately held family operation with interests in the industrial and commodity spaces, announced an all-cash offer for U.S. Steel earlier this month.

Esmark says it won't make a bid for U.S. Steel

SEWICKLEY, Pa.--(BUSINESS WIRE)--Esmark, Inc. confirmed today that it will not participate in the purchase process for U.S. Steel Corporation (NYSE:X) (“U.S. Steel”). Esmark had previously stated its intention to bid for, and negotiate a purchase with, U.S. Steel. Esmark respects the position of the United Steelworkers (USW) which is supporting Cleveland Cliff's offer for U.S. Steel. Esmark maintains a solid working and personal relationship with the USW organization and its leadership. “The US.

Esmark, Inc. Respects History, Working Relationship and Position of USW. Therefore, Will Not Make a Bid for U.S. Steel

The days may be numbered for US Steel Corp., a one-time backbone of the nation's economy.

US Steel, once a symbol of America's economic might, is now for sale in the bargain bin

James Bouchard grew up around steel and deal making; ‘We have the cash,' he says of his $7.8 billion surprise bid.

Who is the Mogul Bidding for U.S. Steel?

Cleveland-Cliffs has offered to acquire U.S. Steel in a cash-and-stock deal valued at $7.3 billion. U.S. Steel rejected that offer as "unreasonable" and wants to move forward considering multiple additional bids -- including one for $7.85 billion from Esmark.

Why United States Steel Stock Soared 36.7% This Week

Hawaiian Electric Industries

Target

Here are some of the major companies whose stocks moved on the week's news.

The Score: U.S. Steel, Hawaiian Electric, Target and More Stocks That Defined the Week

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cleveland-Cliffs” or “Cliffs”) today announced receipt of the assignment of the United Steelworkers' (USW) right to bid under their Basic Labor Agreement with United States Steel Corporation (NYSE:X) (“U.S. Steel”). With this exclusive assignment, Cliffs is the only realistic buyer able to acquire the totality of U.S. Steel. Furthermore, Cliffs has agreed to assume, upon closing of a transaction, all of the agreements between U.S.

Cleveland-Cliffs Receives Exclusive Assignment of Right to Bid from United Steelworkers

Is a third bid in the offing for US Steel Corp? Well, according to reports in the morning press in Paris and New York, the answer is a very guarded 'maybe'.

A third bidder for US Steel Corp? Possibly, but not if the union is left to decide

U.S. Steel Corp attracted acquisition interest after short-term challenges, including upgrading furnaces and potential car production shutdowns, weighed on its valuation, according to people familiar with the deliberations of its suitors.

News for United States Steel Stock (X)