United States Steel

Yahoo Finance • yesterday

United States Steel Corporation Provides Third Quarter 2024 Guidance

PITTSBURGH, September 19, 2024--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) today provided third quarter 2024 adjusted net earnings per diluted share guidance of $0.44 to $0.48. Third quarter 2024 adjusted EBITDA is expected... Full story

Yahoo Finance • 3 days ago

US decision on Nippon's bid for US Steel pushed back until after election

By Jeff Mason (Reuters) - A national security committee reviewing Nippon Steel's bid for U.S. Steel granted a request by the companies to refile their bid for approval of the deal, a person familiar with the matter said on Tuesday, giving... Full story

Yahoo Finance • 13 days ago

Malaysia defends web traffic re-routing plan against online censorship concerns

Malaysia's communications regulator has defended a plan for local telecommunications firms to re-route web traffic through their own domain name system (DNS) servers, saying the move was meant to protect users from harmful online content.... Full story

Yahoo Finance • 14 days ago

SEC charges Esmark chairman over announcing false offer to buy U.S. Steel

(Reuters) - The U.S. Securities and Exchange Commission on Friday announced charges against the chairman of Esmark James Bouchard for announcing a tender offer to buy U.S. Steel despite lacking the financial means to do so. “Bouchard and... Full story

Yahoo Finance • 16 days ago

Treasuries, Yen Rally After Weak US Jobs Report: Markets Wrap

(Bloomberg) -- The effects of a rally in Treasuries spread across Asian markets Thursday, weakening the dollar and supporting the yen as investors prepared for Federal Reserve interest-rate cuts later this month. Most Read from Bloomberg... Full story

Yahoo Finance • 23 days ago

Nippon Steel Announces Transformative Investments at U. S. Steel's Mon Valley Works and Gary Works

TOKYO, Aug. 28, 2024 /PRNewswire/ -- Nippon Steel Corporation ("Nippon Steel") (TSE: 5401) today announced additional project investments to be made at Mon Valley Works and Gary Works, as part of its pending acquisition ("Transaction") of... Full story

Yahoo Finance • 2 months ago

U. S. Steel Named a Beyond the Yellow Ribbon Company by the Minnesota National Guard

Pictured left to right: Col. (Ret.) Chad Sackett, Deputy State Chair and Region 4 Chair, Employer Support of the Guard and Reserve (ESGR); Amy Flannigan, U. S. Steel, Shift Manager Mine Operations; Chad Buus, U. S. Steel, Senior Area Manag... Full story

Yahoo Finance • 3 months ago

United States Steel Corporation Provides Second Quarter 2024 Guidance

PITTSBURGH, June 17, 2024--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) today provided second quarter 2024 adjusted net earnings per diluted share guidance of $0.76 to $0.80. Second quarter 2024 adjusted EBITDA is expected to... Full story

Yahoo Finance • 4 months ago

U. S. Steel and Nippon Steel Corporation Announce Receipt of All Non-U.S. Regulatory Approvals

Approvals are Significant Milestones for Completion of the Transaction PITTSBURGH, May 30, 2024--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) ("U. S. Steel") and Nippon Steel Corporation ("Nippon Steel") (TSE: 5401) announce... Full story

Yahoo Finance • 4 months ago

Cleveland-Cliffs Is in Talks to Buy US Plants of Russia’s NLMK

(Bloomberg) -- Cleveland-Cliffs Inc. is in talks to acquire the US Midwest assets of Russia’s largest steelmaker Novolipetsk Steel PJSC, according to people familiar with the matter. Most Read from Bloomberg Wall Street Moves to Fastest... Full story

Yahoo Finance • 4 months ago

U. S. Steel Issues 3rd Annual Diversity, Equity and Inclusion Report

PITTSBURGH, May 15, 2024--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) ("U. S. Steel") today issued its 3rd Diversity, Equity, and Inclusion (DE&I) Report, providing a holistic update on the company’s progress, highlighting D... Full story

Yahoo Finance • 5 months ago

Why Cleveland-Cliffs Plunged on Tuesday

Shares of steelmaker Cleveland-Cliffs(NYSE: CLF) were falling hard in Tuesday trading, down 9.7% as of 2:10 p.m. ET. Investors apparently took exception with Cliffs missing on revenues and earnings per share in its first-quarter results,... Full story

Yahoo Finance • 6 months ago

US Steel Falls on Biden's Plan to Voice Concern on Nippon Steel Deal

(Bloomberg) -- President Joe Biden is expected to soon release a statement of concern about Nippon Steel Corp.’s proposed purchase of United States Steel Corp., people familiar with the matter say. Shares of the Pittsburgh-based company fe... Full story

Yahoo Finance • 7 months ago

Japan's Nippon Steel China assets under scrutiny over US Steel deal, Bloomberg reports

(Reuters) - The Biden administration is examining Nippon Steel's connection to China, in relation to the Japanese company's planned deal to acquire American rival United States Steel, Bloomberg News reported on Thursday, citing people fami... Full story

Yahoo Finance • 8 months ago

Decoding United States Steel Corp (X): A Strategic SWOT Insight

United States Steel Corp (NYSE:X) stands as a significant player in the steel industry with a substantial production capacity and diverse market reach. The company's recent merger agreement with Nippon Steel Corporation could signal strate... Full story

Yahoo Finance • 8 months ago

U. S. Steel Reaches Agreement for Clairton Plant Incidents; Includes Significant Funding to Support Local Communities

Allegheny County Health Department, Clean Air Council, and PennEnvironment have reached a consent decree with U. S. Steel’s Mon Valley Works - Clairton Plant that includes $19.5 million of investments in upgrades to coke oven gas cleaning... Full story

Yahoo Finance • 8 months ago

U. S. Steel Recognized as One of America’s Greatest Workplaces for Diversity by Newsweek and Plant-A Insights

U. S. Steel Recognized as One of America’s Greatest Workplaces for Diversity by Newsweek and Plant-A Insights (Graphic: Business Wire) PITTSBURGH, January 18, 2024--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) ("U. S. Steel"... Full story

Yahoo Finance • 9 months ago

Inflation has improved, Biden's approval rating has not

According to the U.S. Commerce Department, Core Personal Consumption Expenditures (PCE) Price Index, which excludes food and energy prices, increased 0.1% for the month, and was up 3.2% from a year ago, getting closer to the Federal Reserv... Full story

Yahoo Finance • 9 months ago

Three Republican senators oppose Nippon-U.S. Steel deal over national security

(Reuters) - Three U.S. Senators have urged Treasury Secretary Janet Yellen to block the $14.9 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security. Nippon clinched a deal on Monday to buy U.S. Steel for $14.... Full story

Yahoo Finance • 9 months ago

Nippon Makes Steely Bet on a U.S. Manufacturing Renaissance

A U.S. industrial icon is being bought at a hefty premium by a Japanese competitor. U.S. politicians are already crying foul—although regulatory arguments against a deal look questionable. Continue reading... Full story