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Newsroom Type: Press Release | April 17, 2025
United States Steel Corporation to Release First Quarter 2025 Financial Results on May 1, 2025
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel�) today announced that it will release financial results for the first quarter 2025 on Thursday, May 1, 2025, following the close of trading on the New York Stock Exchange. As previously announced, on December 18, 2023, the company entered into a definitive merger agreement to be acquired by Nippon...
Newsroom Type: Press Release | April 08, 2025
U. S. Steel Comments on Ancora’s Blundering, Value-Destructive “Plan�
After Aggressively Attempting to Undermine the Nippon Steel Transaction, Ancora Has Flip-Flopped and Claims to Now Support the Deal New Presidential Memorandum Validates the Unwavering Commitment of U. S. Steel’s Board to Finish the Job and Deliver Significant Investment from Nippon Steel � in the Face of Ancora’s Wrongheaded Attempt to Undermine U. S. Steel’s Pursuit of Revisiting the...
Newsroom Type: Press Release | March 27, 2025
U. S. Steel Issues Updated Letter to Stockholders
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation ("U. S. Steel" or the “Company�) (NYSE: X) today issued a revised letter to stockholders, updating and correcting an error inadvertently included in the letter previously issued by the Company on March 24, 2025 (the “Initial Letter�). The Initial Letter included a sentence making allegations regarding a proxy contest...
Newsroom Type: Press Release | March 26, 2025
United States Steel Honors Employees for Community Service with $85,000 in Donations to Charitable Organizations
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel�) named its Volunteer of the Year along with 14 Service Champions for their community service in 2024 as part of the company’s United by Service initiative. To honor the winners, U. S. Steel is donating $15,000 on behalf of the Volunteer of the Year and $5,000 on behalf of each of the 14 Service...
Newsroom Type: Press Release | March 20, 2025
United States Steel Corporation Provides First Quarter 2025 Guidance
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided first quarter 2025 adjusted net earnings per diluted share guidance of ($0.53) to ($0.49). First quarter 2025 adjusted EBITDA is expected to be approximately $125 million. Commenting on first quarter guidance, President and Chief Executive Officer David B. Burritt said, “Adjusted EBITDA guidance of...
Newsroom Type: Press Release | March 11, 2025
Ethisphere Names U. S. Steel One of the World’s Most Ethical Companies® for the Fourth Consecutive Year
The prestigious annual recognition highlights organizations that have demonstrated a commitment to business integrity through robust ethics, compliance, and governance programs PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel�) announced today that it has been named “one of the 2025 World’s Most Ethical Companies®� by Ethisphere, a global leader in...
perspeXtives: Product Innovation Customer Spotlight | February 27, 2025
Heavyweights No More: Lightweighting SUVs and Trucks with U. S. Steel
For Americans, less is not always more—especially when it comes to vehicles. In 2024, more than 80 percent of new car sales in the United States were for SUVs and trucks. That represents a significant rise from 2010 when they made up just half of new vehicle purchases. This shift reflects a deep-seated preference for size, power, and capability.But there’s a catch. While Americans love big...
Newsroom Type: Press Release | February 03, 2025
Nippon Steel and U. S. Steel Request Court to Set Aside President Biden’s Block of the Companies� Partnership
TOKYO & PITTSBURGH--(BUSINESS WIRE)-- Nippon Steel Corporation (“Nippon Steel�) (TSE: 5401), together with its wholly owned subsidiary Nippon Steel North America, Inc. (“NSNA�), and United States Steel Corporation (“U. S. Steel�) (NYSE: X) (collectively, the “Companies�) today jointly filed their opening brief in their action against former President Biden and his political appointees...
Newsroom Type: Press Release | January 30, 2025
United States Steel Corporation Declares Dividend
PITTSBURGH--(BUSINESS WIRE)-- 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, March 12, 2025, to stockholders of record at the close of business on Monday, February 10, 2025. Founded in 1901, United States Steel Corporation is a...
Newsroom Type: Press Release | January 30, 2025
United States Steel Corporation Reports Fourth Quarter and Full-Year 2024 Results
Fourth quarter 2024 net loss of $89 million, or $0.39 per diluted share; full-year 2024 net earnings of $384 million, or $1.57 per diluted share. Fourth quarter 2024 adjusted net loss of $28 million, or $0.13 per diluted share; full-year 2024 adjusted net earnings of $529 million, or $2.14 per diluted share. Fourth quarter 2024 adjusted EBITDA of $190 million; full-year 2024 adjusted...
Newsroom Type: Press Release | January 27, 2025
U. S. Steel Reiterates Commitment to Maximizing Value for Stockholders
Issues Statement in Response to Ancora PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel� or the “Company�) today issued the following statement in response to the submission by Ancora Catalyst Institutional, LP (“Ancora�), who has a reported 0.18% stake in the Company, of nine nominees to stand for election to the U. S. Steel Board of Directors at...
Newsroom Type: Press Release | January 22, 2025
United States Steel Corporation to Release Fourth Quarter and Full Year 2024 Financial Results on January 30, 2025
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel�) today announced that it will release financial results for the fourth quarter and full year 2024 on Thursday, January 30, 2025, following the close of trading on the New York Stock Exchange. As previously announced, on December 18, 2023, the company entered into a definitive merger agreement to be...
Newsroom Type: Press Release | January 08, 2025
U. S. Steel Recognized With Human Rights Campaign's Equality 100 Award
Company Earns Fifth Consecutive Perfect Score on the Corporate Equality Index PITTSBURGH--(BUSINESS WIRE)-- U. S. Steel (NYSE: X) announced today that for a fifth consecutive year it has scored a perfect 100 on the Human Rights Campaign Foundation’s (HRCF) 2025 Corporate Equality Index (CEI), the leading corporate benchmarking tool for rating LGBTQ+ equality, and has been honored with...
Newsroom Type: Press Release | January 06, 2025
Nippon Steel and U. S. Steel File Multiple Lawsuits in Response to Wrongful Interference with the Proposed Acquisition of U. S. Steel
First lawsuit filed in U.S. Court of Appeals for the District of Columbia Circuit challenging violation of the Constitutional guarantee of due process and statutory procedural requirements, as well as unlawful political influence, and asking the court to set aside the CFIUS review process and President Biden’s blocking order Second lawsuit filed in U.S. District Court for the Western...
Newsroom Type: In The News | January 03, 2025
Statement from David B. Burritt, U. S. Steel President and CEO, Ìýon Today’s Order by President BidenÌý
January 3, 2025 - President Biden’s action today is shameful and corrupt. He gave a political payback to a union boss out of touch with his members while harming our company’s future, our workers, and our national security. He insulted Japan, a vital economic and national security ally, and put American competitiveness at risk. The Chinese Communist Party leaders in Beijing are dancing in the...
Newsroom Type: Press Release | January 03, 2025
Nippon Steel Corporation and U. S. Steel Condemn U.S. Government’s Unlawful Decision to Block Proposed Acquisition of U. S. Steel
Companies will take all appropriate action to protect their legal rights TOKYO & PITTSBURGH--(BUSINESS WIRE)-- Nippon Steel Corporation ("Nippon Steel") (TSE: 5401) and United States Steel Corporation ("U. S. Steel") (NYSE: X) today issued the following statement on President Biden’s decision to block their proposed transaction. We are dismayed by President Biden’s decision to...
Newsroom Type: Press Release | January 02, 2025
U. S. Steel to Fund Training Center with Multi-Million-Dollar Grant Following Close of Transaction with Nippon Steel
Made possible with investment from Nippon Steel PITTSBURGH--(BUSINESS WIRE)-- U. S. Steel is pleased to announce that following the closing of its transaction with Nippon Steel, it plans to create a workforce training center with a multi-million dollar grant to support workforce development in Western Pennsylvania. This center will partner with local universities, colleges, trade...
Newsroom Type: Press Release YEAR: 2024 | December 23, 2024
U. S. Steel Statement on CFIUS Referring Decision on Pending Transaction with Nippon Steel to The President
We were notified by CFIUS that the Committee was unable to reach a consensus on the transaction between U. S. Steel and Nippon Steel Corporation and referred it to the President to make a decision. The President now has 15 days to act.Ìý The transaction between U. S. Steel and Nippon Steel enhances U.S. national and economic security through investment in manufacturing and innovation â€� by a...
Newsroom Type: In The News YEAR: 2024 | December 23, 2024
U. S. Steel Statement on CFIUS Referring Decision on Pending Transaction with Nippon Steel to The President
We were notified by CFIUS that the Committee was unable to reach a consensus on the transaction between U. S. Steel and Nippon Steel Corporation and referred it to the President to make a decision. The President now has 15 days to act.The transaction between U. S. Steel and Nippon Steel enhances U.S. national and economic security through investment in manufacturing and innovation � by a...
Newsroom Type: Press Release YEAR: 2024 | December 19, 2024
United States Steel Corporation Provides Fourth Quarter 2024 Guidance
PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided fourth quarter 2024 adjusted net earnings per diluted share guidance of ($0.29) to ($0.25). Fourth quarter 2024 adjusted EBITDA is expected to be approximately $150 million. “The fourth quarter marked a critical milestone towards our Best for All® future, as the team completed execution on over $4...