U. S. Steel Stock Price, News & Analysis

United States Steel Corporation (NYSE: X), commonly known as U. S. Steel, is an iron and steel producer in the Manufacturing sector. The company is classified under iron and steel mills and ferroalloy manufacturing and has a long history in American and global steelmaking.

Founded in 1901, U. S. Steel is headquartered in Pittsburgh, Pennsylvania. According to company disclosures, it delivers what it describes as profitable and sustainable steel solutions and serves multiple end markets, including the automotive, construction, appliance, energy, containers, and packaging industries with high value-added steel products. Its operations span locations across the United States and in Central Europe.

U. S. Steel’s steel production begins with its iron ore production capabilities, which the company describes as competitively advantaged. These capabilities support its integrated steelmaking facilities and its investments in electric arc furnaces (EAFs). This combination of integrated and EAF-based production underpins a diversified operating footprint that includes flat-rolled products, mini mill operations, European operations, and tubular products, as reflected in its reported business segments.

The company highlights a focus on safety and on serving customers that require high value-added steel. It reports that it is at the forefront of creating steels that are stronger, lighter, and better for the environment. In line with this positioning, U. S. Steel has publicly stated a commitment to reaching net-zero greenhouse gas emissions by 2050, framing steel as a material that can support customers’ sustainability goals in areas such as electric vehicles, solar installations, and other clean energy applications.

Products and specialized steel solutions

U. S. Steel manufactures a range of high value-added steel products for industrial customers. In its own descriptions, the company emphasizes advanced and specialized steels, including:

• XG3® advanced high-strength steel, which the company identifies as a proprietary advanced high-strength steel product.
• verdeX® steel, which U. S. Steel describes as produced with 70–80% lower CO₂ emissions and with recycled content of up to 90%.
• InduX™ steel, described as ultra-thin lightweight steel intended for use in electric vehicles, generators, and transformers.

These products are positioned by the company as supporting applications that require a combination of strength, light weight, and efficiency, particularly in sectors such as automotive and electrical equipment. U. S. Steel states that it works closely with manufacturers to address performance and sustainability requirements, including lightweighting and enhanced safety.

End markets and industry role

According to the company’s own materials, U. S. Steel serves customers in:

• Automotive – supplying steel for vehicles and collaborating with automotive manufacturers on design, safety, and efficiency priorities.
• Construction – providing steel for commercial and other building applications.
• Appliance – supplying steel used in household and industrial appliances.
• Energy – serving energy-related applications, including steel for infrastructure and equipment.
• Containers and packaging – offering steel used in containers and packaging solutions.

The company also notes that it plays a significant role in the automotive sector, delivering a portfolio of advanced steel products designed to meet rapidly evolving needs, including the shift toward electric vehicles and higher safety standards. It states that it supports priorities such as lightweighting, sustainability, and enhanced vehicle safety through its product development and collaboration with automotive manufacturers.

Research, development, and automotive focus

U. S. Steel describes itself as pairing decades of metallurgical expertise with new ideas to address complex performance and sustainability challenges. In the automotive space, the company highlights its work on lightweight, high-strength steels that can support safer and more efficient vehicles, including electric vehicles and hybrids.

The company states that it operates an Automotive Research & Design Center in Troy, Michigan. It identifies this as the only domestic steelmaker-operated automotive research and design center of its kind, located near major auto manufacturers. This facility is described as being intended to foster innovation and accelerate development by enabling close collaboration with automotive customers on new materials and applications.

Sustainability and emissions goals

U. S. Steel has publicly committed to a net-zero greenhouse gas emissions goal by 2050. In its communications, the company links this goal to its investments in electric arc furnaces, its iron ore capabilities, and the development of steels that it characterizes as stronger, lighter, and better for the environment.

Products such as verdeX® steel, which the company describes as having substantially lower CO₂ emissions and high recycled content, and InduX™ steel, aimed at electric vehicles and electrical equipment, are presented as examples of how U. S. Steel seeks to align its product portfolio with lower-emissions and clean energy applications. The company also points to partnerships, such as its sponsorship of the University of Michigan Solar Car Team, as a way to connect with engineering talent and demonstrate steel’s role in the clean energy transition.

Corporate history and ownership changes

U. S. Steel traces its origins to 1901, giving it more than a century of operating history in steelmaking. Over time, it has developed integrated operations in the United States and Central Europe and has expanded into mini mill and advanced technology steelmaking.

On June 18, 2025, U. S. Steel completed a transaction under an Agreement and Plan of Merger dated December 18, 2023, with Nippon Steel North America, Inc. (Parent), 2023 Merger Subsidiary, Inc., and Nippon Steel Corporation as guarantor. According to the company’s Form 8-K, 2023 Merger Subsidiary, Inc. merged with and into U. S. Steel, with U. S. Steel surviving the merger as the surviving corporation and becoming a subsidiary of Nippon Steel North America, Inc.

In connection with the transaction, U. S. Steel entered into a National Security Agreement (NSA) with Nippon Steel Corporation, Nippon Steel North America, Inc., and the U.S. Government, represented by the U.S. Department of the Treasury and the U.S. Department of Commerce. The NSA provides, among other things, that subject to certain regulatory approvals, U. S. Steel will issue one share of Class G Preferred Stock (the “Golden Share”) to the U.S. Government, giving the government certain rights relating to governance, domestic production, and trade matters.

Following the merger, the composition of U. S. Steel’s board of directors and officers changed as described in the Form 8-K, with the company’s prior directors and officers removed at the effective time of the transaction and new directors and officers appointed pursuant to the merger agreement and subsequent board actions.

Delisting and deregistration

United States Steel Corporation historically traded on the New York Stock Exchange under the symbol X. After completion of the merger with Nippon Steel North America, Inc., the company filed a Form 15 (15‑12G) on June 30, 2025, certifying the termination of registration of its common stock and certain senior notes under Section 12(g) of the Securities Exchange Act of 1934 and the suspension of its duty to file reports under Sections 13 and 15(d) of the Exchange Act, relying on Rules 12g‑4(a)(1) and 12h‑3(b)(1)(i). The filing indicates that, as of the certification date, there was one holder of record of its common stock and identifies the number of holders of record of its 6.650% Senior Notes due 2037 and 6.875% Senior Notes due 2029.

As a result of the completed merger and subsequent Form 15 filing, U. S. Steel is no longer an independently listed public company on the New York Stock Exchange, and its reporting obligations as a standalone issuer under the Exchange Act have been suspended in accordance with the conditions described in the Form 15.

Position within Nippon Steel

Following the merger, U. S. Steel operates as a subsidiary of Nippon Steel North America, Inc., which is wholly owned by Nippon Steel Corporation. Public communications from U. S. Steel and Nippon Steel describe this relationship as a partnership that is expected to involve substantial investment in steelmaking in the United States, subject to the terms of the National Security Agreement and relevant regulatory approvals. The NSA and the Golden Share structure give the U.S. Government defined rights related to governance, domestic production, and trade matters at U. S. Steel.

Investor considerations for the historical X stock

For investors researching the historical X stock, it is important to recognize that the ticker symbol X represented United States Steel Corporation as an independent public company prior to the completion of the merger on June 18, 2025. After the transaction and subsequent deregistration via Form 15, X no longer functions as an actively listed security on the New York Stock Exchange. Historical financial statements, segment data, and other disclosures remain relevant for understanding U. S. Steel’s performance and strategy before its acquisition by Nippon Steel North America, Inc., but ongoing operations and governance are now conducted within the framework of its status as a subsidiary of Nippon Steel.