X - United States Steel Corp
Company Overview
Name
United States Steel Corp
Tickers
X
Exchanges
NYSE
Employees
21803
Founded
1901
Sector Information
Other Information
CIK
1163302
Category
Large accelerated filer
1-Line Summary
United States Steel Corporation is a leading integrated steel manufacturer focused on innovation, sustainability, and customer-centric solutions.
Company summary
United States Steel Corporation (U.S. Steel) is a leading integrated steel producer with operations primarily situated in the United States and Central Europe. The company is strategically transitioning to a more customer-centric model, focusing on innovative and sustainable steel solutions for various markets including automotive, construction, and energy. Their business is divided into four main segments: North American Flat-Rolled, Mini Mill, U.S. Steel Europe, and Tubular Products, showcasing diverse capabilities from raw steel production to advanced product manufacturing. U.S. Steel is investing heavily in its Mini Mill segment, enhancing its production capacity while aiming to reduce carbon emissions in its operations.
The company is also currently engaged in a merger agreement with Nippon Steel Corporation, which may reshape its market presence and operational efficiencies. U.S. Steel maintains a robust annual raw steel production capability of 22.4 million tons and emphasizes research and development at its facilities across North America and Europe. By leveraging its existing resources and capabilities, U.S. Steel aims to deliver high-quality, value-added products while responding to the evolving needs of its customers in an increasingly competitive global steel market.
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