Welcome to our dedicated page for U. S. Steel news (Ticker: X), a resource for investors and traders seeking the latest updates and insights on U. S. Steel stock.
U.S. Steel Corporation (X) maintains its position as a leading integrated steel producer through continuous operational updates and strategic developments. This page serves as the definitive source for verified news about production innovations, financial results, and market initiatives across its North American and European operations.
Investors and industry professionals will find curated updates on flat-rolled steel advancements, mini mill efficiencies, and tubular product applications. Our aggregation includes earnings disclosures, sustainability progress reports, and material partnerships affecting key sectors like automotive and construction.
All content undergoes strict verification to ensure accuracy regarding production capabilities and corporate governance matters. Regular updates provide insights into technological investments and operational adjustments that maintain U.S. Steel's competitive edge in global markets.
Bookmark this resource for streamlined access to operational updates and regulatory filings. Combine these verified reports with broader market analysis for comprehensive investment research.
United States Steel Corporation (NYSE: X) will release its financial results for Q1 2023 on April 27, 2023, after NYSE trading closes. A webcast detailing these results is scheduled for April 28, 2023, at 8:30 a.m. ET. Investors can submit questions through Say Technologies from April 13 to April 27, which will be addressed during the webcast. U.S. Steel emphasizes its commitment to safety and sustainability through its Best for All® strategy while serving diverse industries including automotive and construction. The company has an annual raw steelmaking capability of 22.4 million net tons.
United States Steel Corporation (NYSE: X) has announced the launch of its new electrical steel product, InduX™, set to begin production at the Big River Steel facility in Osceola, Arkansas, in summer 2023. This ultra-thin, lightweight steel is designed for use in electric vehicles, generators, and transformers, enhancing motor efficiency and vehicle mileage. Production is expected to reach 200,000 tons per year with a capital expenditure of approximately $450 million, funded by cash from Big River Steel. This initiative bolsters American jobs and the domestic supply chain while aligning with U. S. Steel's sustainability goals, including a target of net-zero GHG emissions by 2050.
U.S. Steel has launched its inaugural podcast series, Steel Stories by U.S. Steel, hosted by David Kirkpatrick. The podcast aims to explore the dynamic steel industry, featuring insights from industry experts on topics like decarbonization and the role of steel in modern society. The first episode highlights sustainability in non-residential construction, featuring guests from Canam Steel Corporation and U.S. Steel. Upcoming episodes will include discussions on sustainable financing and innovations in steelmaking. This initiative aligns with U.S. Steel's commitment to lead in sustainability and contribute to a net-zero greenhouse gas emissions goal.
United States Steel Corporation (NYSE: X) announced its first quarter 2023 guidance, projecting adjusted EBITDA of approximately
FAQ
What is the current stock price of U. S. Steel (X)?
What is the market cap of U. S. Steel (X)?
