U. S. Steel Stock Price, News & Analysis

U.S. Steel (NYSE: X) has provided its first quarter 2025 guidance, projecting adjusted net earnings per diluted share of ($0.53) to ($0.49) and adjusted EBITDA of approximately $125 million.

The company reports mixed performance across segments: The North American Flat-Rolled segment shows strength through commercial strategy and operational efficiencies. The Mini Mill segment expects sequential improvement with increasing volumes from Big River Steel and Big River 2 (BR2), though BR2 faces approximately $50 million in ramp-related impacts. The European segment shows slight pricing improvements but faces subdued demand, while the Tubular segment faces pressure from weak pricing.

BR2 is progressing towards full operating capacity, with run-rate throughput expected in second half 2025 and full capability in 2026. The company also acknowledges potential benefits from recently announced tariff policies and its partnership with Nippon Steel, which includes investment commitments and technology transfer.

Ancora Holdings Group, a shareholder of U.S. Steel (NYSE: X), is demanding the delay of the company's 2025 Annual Meeting of Stockholders due to uncertainty surrounding the blocked sale to Nippon Steel . Ancora argues that shareholders lack important information about the merger litigation and contingency plans.

The investment firm challenges the Board to justify holding the meeting before the June 18th merger agreement outside date, emphasizing that stockholders need more clarity to make informed voting decisions. Ancora notes that even with a second CFIUS review, the Trump administration's opposition and national security concerns raised by Vice President J.D. Vance and Secretary of State Marco Rubio remain unchanged.

As an alternative, Ancora proposes installing Alan Kestenbaum as CEO along with new directors to implement a plan focused on restoring iconic assets, improving performance, and ensuring job security for unionized workforce.

U.S. Steel (NYSE: X) has been recognized as one of the '2025 World's Most Ethical Companies®' by Ethisphere for the fourth consecutive year. This achievement highlights the company's commitment to maintaining robust ethics, compliance, and governance programs.

The company's ethical foundation is built on its S.T.E.E.L. Principles, which evolved from what is believed to be the first corporate code of ethics created by company co-founder Judge Elbert Gary. President and CEO David B. Burritt emphasized these principles as fundamental to their daily business operations.

Notable achievements include:

• Being the only honoree in the Metals, Minerals & Mining industry for 2025
• Outperforming a comparable index of global companies by 7.8 percentage points from January 2020 to January 2025
• Successfully completing Ethisphere's rigorous Ethics Quotient® assessment, which evaluates 240+ different proof points on ethics, compliance, governance, and environmental and social impact

Ancora Holdings Group, a shareholder of U.S. Steel (NYSE: X), has issued a letter urging the company's Board to delay the 2025 Annual Meeting of Stockholders. The request comes amid uncertainty surrounding the blocked sale to Nippon Steel .

Ancora has nominated nine candidates for Board election, including Alan Kestenbaum for the CEO position. The firm argues that shareholders need clarity on the litigation regarding the blocked Nippon deal before making decisions about the company's future leadership. They specifically request the Annual Meeting be scheduled at least 45 days after the June 18th merger agreement unwinding date.

The shareholder emphasizes that holding the meeting during this period of uncertainty would be an entrenchment tactic, especially given the opposition from employees, legislators, regulators, and two U.S. Presidents to the Nippon deal.

Ancora Holdings Group, a shareholder of U.S. Steel (NYSE: X), announced an investor conference call titled 'A U.S. Solution for U.S. Steel' featuring James Chadwick and CEO candidate Alan Kestenbaum. The firm has nominated nine independent candidates for the company's Board of Directors at the 2025 Annual Meeting.

Ancora has submitted a Section 220 books and records request to investigate potential breaches of fiduciary duties by U.S. Steel's Board and management, particularly regarding the Nippon Steel transaction. The investigation also focuses on possible insider trading concerns involving CEO David Burritt and actions that might improperly entrench the Board ahead of the Annual Meeting.

The firm currently holds a significant position in U.S. Steel through various funds, including Ancora Catalyst Institutional, Ancora Bellator, Ancora Catalyst, Ancora Merlin Institutional, and Ancora Merlin, totaling approximately 468,497 shares.

Ancora Holdings Group, which oversees $10 billion in assets, has issued a letter to U.S. Steel's Board following President Trump's opposition to the Nippon Steel deal. Ancora asserts that President Trump's February 7th remarks definitively kill any possibility of a sale to Nippon.

The investment firm urges the Board to take immediate action by: collecting the $565 million termination fee from Nippon, ending deal-related advocacy and litigation, and engaging with Ancora's proposal. They propose Alan Kestenbaum as CEO to lead a multibillion-dollar capital investment program focused on reinvigorating legacy blast furnaces.

Ancora criticizes current CEO David Burritt, suggesting he pursued the Nippon deal for a potential $72 million transaction-related payday. The firm warns it will take necessary actions if the Board continues to ignore their proposal, emphasizing that negotiating with Nippon could waste valuable time while the company faces upcoming union contract negotiations.

Nippon Steel (TSE: 5401) and U. S. Steel (NYSE: X) have jointly filed a legal brief challenging President Biden's block of their proposed $14.9 billion merger. The Companies argue that the President's decision was politically motivated rather than based on national security concerns, leading to what they describe as a 'sham review' by the Committee on Foreign Investment in the United States (CFIUS).

The litigation will proceed on an expedited schedule, with briefing to be completed by March 17. The Companies maintain that their partnership would enhance U.S. national security, protect workers, revitalize jobs in steel communities, and create an American steel champion capable of competing against China. The deal would offer $55 per share to U. S. Steel stockholders and ensure significant capital investments and technology sharing.

United States Steel (NYSE: X) has announced a dividend of $0.05 per share of Common Stock, payable on March 12, 2025, to stockholders of record as of February 10, 2025. The company, founded in 1901, is a leading steel producer with an annual raw steelmaking capability of 25.4 million net tons.

U.S. Steel implements its customer-centric Best for All® strategy, focusing on safety and sustainability. The company serves various industries including automotive, construction, appliance, energy, containers, and packaging with high value-added steel products, including their proprietary XG3® advanced high-strength steel. The company maintains operations across the United States and Central Europe, with headquarters in Pittsburgh, Pennsylvania.

United States Steel (NYSE: X) reported its Q4 and full-year 2024 results. The company posted a Q4 2024 net loss of $89 million ($0.39 per diluted share) and adjusted net loss of $28 million ($0.13 per diluted share). Full-year 2024 results showed net earnings of $384 million ($1.57 per diluted share) and adjusted net earnings of $529 million ($2.14 per diluted share).

Q4 2024 adjusted EBITDA was $190 million, with full-year adjusted EBITDA at $1,366 million. The North American Flat-Rolled segment achieved a 10% EBITDA margin, while the Mini Mill segment began initial shipments from the new Big River 2 mill. The company's European operations faced pricing and demand challenges.

For Q1 2025, U.S. Steel expects adjusted EBITDA between $100-150 million, with decreased North American Flat-Rolled results due to seasonal logistics constraints, partially offset by improved Mini Mill segment performance.