U. S. Steel Stock Price, News & Analysis

U.S. Steel (NYSE: X) has announced a new partnership as a sponsor of the University of Michigan's 2025 Solar Car Team for the upcoming Bridgestone World Solar Challenge. The competition, scheduled for August 24-31, 2025, involves a 1,865-mile solar-powered race across Australia's Outback. This collaboration marks U.S. Steel's strategic initiative to engage with engineering talent while demonstrating steel's role in clean energy transition.

The partnership aligns with U.S. Steel's broader sustainability mission, showcasing how steel contributes to various sustainable applications including electric vehicles and solar installations. Christian Gianni, Senior Vice President of Sustainability and Chief Technology Officer, emphasized the symbolic nature of this partnership in driving towards a more sustainable future.

The Braddock Carnegie Library, the first Carnegie Library in the United States, celebrated its grand reopening following a $21 million renovation. The historic institution, now rebranded as Carnegie One, unveiled significant improvements including ADA accessibility, a new elevator, modernized Music Hall, and conversion of spaces like the original swimming pool into a reception area called Book Dive. The renovation was supported by numerous organizations and foundations, with U. S. Steel and Pittsburgh Penguins as key partners. The library serves approximately 15,000 residents across five communities - Braddock, North Braddock, East Pittsburgh, Chalfant, and Turtle Creek. The celebration featured performances from local schools, puppet shows, and various community activities. The library will resume normal operations on June 2, 2025.

United States Steel Corporation (NYSE: X) has announced a quarterly dividend payment. The company's Board of Directors has declared a dividend of $0.05 per share on U. S. Steel Common Stock. The dividend will be paid on June 11, 2025, to shareholders who are recorded as stockholders as of the close of business on May 12, 2025.

U.S. Steel (NYSE: X) reported challenging Q1 2025 results with a net loss of $116 million ($0.52 per share), compared to net earnings of $171 million in Q1 2024. Adjusted net loss was $87 million ($0.39 per share). Net sales declined to $3.727 billion from $4.16 billion year-over-year. The company's adjusted EBITDA was $172 million, with notable impacts from mining logistics constraints and lagging spot prices. The Mini Mill segment achieved record shipments as Big River 2 continues ramping up, though incurring $55 million in ramp-up costs. Looking ahead, U.S. Steel expects Q2 2025 adjusted EBITDA between $375-425 million, with improvements anticipated in North American Flat-Rolled segment as seasonal constraints ease and higher steel prices flow through results.

United States Steel (NYSE: X) has announced it will release its first quarter 2025 financial results on Thursday, May 1, 2025, after the New York Stock Exchange trading closes. Following the company's previously announced definitive merger agreement with Nippon Steel on December 18, 2023, U.S. Steel will not conduct an earnings conference call.

The company will simultaneously release its earnings report, presentation, and segment and financial operational data. These materials will be accessible through the Investors section of the company's website at www.ussteel.com.

Ancora Holdings Group has announced the withdrawal of its director nominations for U.S. Steel's (NYSE: X) 2025 Annual Meeting, citing momentum in the proposed $55 per share sale to Nippon Steel. The decision follows President Trump's initiation of a new CFIUS review of the transaction.

Recent developments suggest U.S. Steel and Nippon have established productive dialogue with the Trump Administration, including discussions about increased capital commitments and addressing national security concerns. Labor leaders, policy experts, and stockholders have indicated expectations of deal approval.

Ancora criticized U.S. Steel's refusal to postpone the May 6, 2025 Annual Meeting, which is scheduled weeks before the expected conclusion of the governmental review. The firm expressed disappointment in U.S. Steel's governance approach but interpreted the company's stance as potential confidence in the transaction's approval.

U.S. Steel (NYSE: X) has responded to Ancora Catalyst Institutional's strategic plan, highlighting several critical flaws. The company criticizes Ancora's contradictory position of supporting both their own $75+ per share plan while simultaneously backing Nippon Steel's $55 per share cash deal.

The company points out that Ancora initially opposed the Nippon Steel transaction but has suddenly reversed its position. This follows President Trump's order for a fresh CFIUS review, which validates the Board's litigation strategy that Ancora previously criticized.

U.S. Steel argues that Ancora's plan to reverse mini mill investments is outdated and value-destructive, potentially leading to increased earnings volatility and lower valuation multiples. The company emphasizes that their mini mill investments have reduced financial volatility and expanded valuation multiples by approximately 2x.

Ancora Holdings Group, a stockholder of United States Steel (NYSE: X), has released a presentation outlining their strategy for U.S. Steel stockholders ahead of the 2025 Annual Meeting scheduled for May 6, 2025. The presentation features Ancora's nominees, including CEO candidate Alan Kestenbaum, who they believe represent the best opportunity for stockholders in case of a potential standalone future.

Ancora has emphasized that neither they nor their director candidates intend to obstruct the $55 per share transaction with Nippon Steel They have requested a delay of the Annual Meeting until after June 18, 2025, to await the outcome of a 45-day review by the Committee on Foreign Investment in the United States regarding the proposed merger.

Ancora Holdings Group, a stockholder of U.S. Steel (NYSE: X), has requested the company's Board to delay its 2025 Annual Meeting of Stockholders following recent developments in the proposed Nippon Steel acquisition. This comes after President Trump directed CFIUS to conduct a new 45-day review of the $55 per share transaction on April 7, 2025.

Ancora believes stockholders should have complete information about the merger before voting on U.S. Steel's future. The firm has nominated nine independent director candidates for the currently scheduled May 6th Annual Meeting, positioning them as a contingency plan for a potential standalone scenario. Ancora emphasizes they won't obstruct the Nippon deal if approved.

The investment firm owns significant positions in U.S. Steel through various funds, with Ancora and its affiliates collectively holding over 2.6 million shares of common stock.