United States Steel Corporation (X)
NYSE NYSE Primary Summary
Canada to adjust counter-tariffs on US steel, aluminum imports
Canada will adjust its counter-tariffs on steel and aluminum imports from the US on July 21 in line with progress in trade negotiations, Prime Minister Mark Carney said on Thursday. Carney did not specify the new tariff rates but said the changes would reflect developments in talks with Washington.
Nippon Steel finalizes $14.1B acquisition of US Steel
Japan's Nippon Steel has completed its $14.1 billion acquisition of United States Steel Corporation (NYSE:X), creating one of the world's largest steel producers with an annual capacity of 86 million tons, the companies said on Wednesday. The combined entity will maintain US Steel's name, Pittsburgh headquarters, and commitment to producing steel that is “Mined, Melted, and Made in America.
U.S. Steel Stock Burns the Bears With Surprise Upside Move
Evaluating the sentiment in any underlying stock is as simple as checking who is buying (and how much) and who is selling. However, seeing unusual buying or selling activity is only half the equation; the other half is up to investors to figure out whether these buyers or sellers are right in their decisions to position themselves.
United States Steel Corporation Profile
| Steel Industry | Basic Materials Sector | Alan Kestenbaum CEO | NYSE Exchange | 912909108 Cusip |
| US Country | 22,053 Employees | 10 Feb 2025 Last Dividend | 13 May 2005 Last Split | 12 Apr 1991 IPO Date |
Overview
United States Steel Corporation, established in 1901 and headquartered in Pittsburgh, Pennsylvania, stands as a prominent entity in the steel manufacturing industry, catering to a diverse clientele across North America and Europe. With a focus on producing and selling flat-rolled and tubular steel products, the company has crafted a niche for itself through its strategic operation across four main segments: North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). These segments reflect the company’s diversified approach towards meeting the demands of various market sectors, including automotive, construction, appliance, and oil & gas industries, amongst others. Beyond its core manufacturing activities, United States Steel Corporation also partakes in the real estate business, showcasing a multifaceted operational framework.
Products and Services
- North American Flat-Rolled (Flat-Rolled) Products
This segment caters primarily to the service center, conversion, transportation, automotive, construction, container, appliance, and electrical markets. It offers a comprehensive range of products including slabs, strip mill plates, sheets, tin mill products, in addition to iron ore and coke. These materials are fundamental in supporting infrastructure development and manufacturing across key industries.
- Mini Mill Products
Targeting the automotive, appliance, construction, container, pipe and tube, sheet converter, electrical, industrial equipment, and service center markets, the Mini Mill segment specializes in providing hot-rolled, cold-rolled, and coated sheets along with electrical steel products. These offerings are pivotal for manufacturing and construction applications that require high-quality steel in varied finishes and specifications.
- U. S. Steel Europe (USSE) Products
Serving the construction, container, appliance and electrical, service center, conversion, oil, gas, and petrochemical markets, the USSE segment produces slabs, strip mill plates, sheets, tin mill products, and spiral welded pipes. By catering to a global clientele, this segment underscores United States Steel Corporation's international footprint in steel production.
- Tubular Products
Focused on the oil, gas, and petrochemical markets, the Tubular segment delivers high-grade seamless and electric resistance welded steel casing and tubing products. Additionally, it offers standard and line pipe and mechanical tubing products, which are essential for the exploration, extraction, and transportation of oil and gas. This segment serves customers with demands for high resilience and quality in steel products for critical applications in energy sectors.
Contact Information
