United States Steel Corp
NYSE:X

  • LAST PRICE
    37.6000
  • TODAY'S CHANGE (%)
    0.8200 (2.2295%)
  • Bid / Lots
    37.5900/ 4
  • Ask / Lots
    37.6100/ 4
  • Open / Previous Close
    37.5600 / 36.7800
  • Day Range
    37.0400
    37.9400
  • 52 Week Range
    26.9150
    50.2000
  • Volume
    3,236,061

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  • Today

      Show headlines and story abstract

    • 57 minutes ago by Dow Jones
      Companies Mentioned: STLA, TSLA, X, BA, CLF

      Al Root

      While support from labor could swing the 2024 presidential election, one big union is choosing to sit on the sidelines for the first time this century. That could make a difference to the results.

    • 3 hours ago by Dow Jones
      Companies Mentioned: NPSCY, NUE, STLD, X

      Al Root

      U.S. Steel stock rose Thursday, pushed up by investors digesting good news on several fronts.

      In late morning trading, shares were up 1.9% at $37.49. The S&P 500 and Dow Jones Industrial Average rose 1.5% and 0.9%, respectively.

    • 4 hours ago by Dow Jones
      Companies Mentioned: NPSCY, X

      1008 ET - U.S. Steel CEO David Burritt says the company is confident that it can obtain regulatory approval for a proposed $14.1 billion acquisition by Nippon Steel, even as top political leaders vow to kill the deal. Burritt says that earlier this quarter, Nippon disclosed additional investment commitments of at least $1 billion to modernize facilities at a plant in Pennsylvania, along with $300 million to revamp a blast furnace at a plant in Indiana. Burritt says he has seen an outpouring of support from employees and communities regarding the Nippon deal. President Biden has said that U.S. Steel should remain domestically owned and operated. Former President Donald Trump has vowed to block the deal if he wins election, and Vice President Kamala Harris earlier this month echoed Biden's position. (dean.seal@wsj.com)

    • 5 hours ago by Dow Jones
      Companies Mentioned: X

      United States Steel Corp.'s stock (X) rose 2% early Thursday, after the company updated third-quarter guidance and said it's still confident it can win the necessary approvals for its planned takeover of Nippon Steel and close the deal by year-end. The company said it now expects third-quarter adjusted per-share earnings of 44 cents to 48 cents, which compares with a FactSet consensus of 36 cents. It expects adjusted Ebitda, or earnings before interest, taxes, depreciation and amortization of about $300 million. "Adjusted EBITDA guidance of $300 million is in-line with our prior third quarter outlook and reflects resilient domestic flat-rolled steel demand amid a bottoming steel pricing environment," CEO David B. Burritt said in prepared remarks. "Challenging pricing dynamics are being offset in part by the benefits of our balanced and diverse order books in the North American Flat-Rolled segment." In Europe, a softening demand environment has led to a temporary idling of a furnace following a planned 30-day outage. The stock has fallen 24.4% in the year to date, while the S&P 500 has gained 17.8%.

    • 5 hours ago by Dow Jones
      Companies Mentioned: X

      By Dean Seal

      United States Steel said resilient demand for flat-rolled steel in North America has offset falling prices, though demand in Europe is softening.

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