Steel News

Reports: U. S. Steel Puts Granite City BF on Indefinite Idle

29 November 2023 - United States Steel Corporation is indefinitely idling the primary end of its Granite City Works in Illinois, impacting approximately 1,000 workers, according to news reports.

U. S. Steel Unveils Electric Locomotives at Two Pennsylvania Facilities

30 October 2023 - Taking a step toward meeting its sustainability goals, United States Steel Corporation has converted two diesel switcher locomotives to battery-operated locomotives, the steelmaker said Monday.

U. S. Steel Remains Tight-Lipped on Sales Process

27 October 2023 - United States Steel Corporation is continuing to work through its strategic alternatives review but is remaining mum about its progress to date.

Cleveland-Cliffs: No Comment on Effort to Buy U. S. Steel

24 October 2023 - Those looking for clues as to the status of Cleveland-Cliffs Inc.’s effort to buy United States Steel Corporation were probably disappointed by the company’s third-quarter earnings call.

U. S. Steel, DuPont Unveil Product Engineered for Coastal Environments

17 October 2023 - United States Steel Corporation and DuPont today launched a new product that is specially designed and warrantied for coastal environments.

U. S. Steel Opens Big River Electrical Steel Line

17 October 2023 - United States Steel Corporation has cut the ribbon on its 200,000-ton electrical steel line at its Big River facility.

Algoma, U. S. Steel Sign Iron Ore Agreement

03 October 2023 - Algoma Steel is extending an iron ore purchase agreement with United States Steel Corporation, securing enough of the raw material to complete its transition from blast furnace production to electric arc furnace production.

Report: Stelco Interested in Acquiring U. S. Steel

22 September 2023 - Canada’s Stelco is reportedly pursuing a bid for United States Steel Corporation, Bloomberg has reported.

Report: U. S. Steel, Cleveland-Cliffs at Odds in Sales Process

21 September 2023 - A dispute between Cleveland-Cliffs Inc. and United States Steel Corporation has emerged over a confidentiality arrangement, locking Cleveland-Cliffs out of a sales process that is underway, reports the Reuters news service.

U. S. Steel, Energy Department Team Up for Carbon Sequestration Tech Test

20 September 2023 - United States Steel Corporation and the U.S. Energy Department will jointly test a way to pull carbon dioxide from flue emissions at the steelmaker’s Edgar Thomson plant in Pennsylvania.

Auto Strike Prompts U. S. Steel to Idle Blast Furnace

19 September 2023 - United States Steel Corporation is temporarily idling the B blast furnace at its Granite City Works amid a strike by the United Auto Workers.

U. S. Steel Begins Sharing Company Info With Potential Buyers

29 August 2023 - United States Steel Corporation is signing non-disclosure agreements with potential buyers and has started to share due diligence information with them as it reviews its strategic options, the company said Tuesday.

Esmark Ends Effort to Acquire U. S. Steel

23 August 2023 - Esmark Inc., the Pennsylvania-based steel processor and distributor that had put down a US$7.8 billion cash offer for United States Steel Corporation, has bowed out of the sales process.

USW Cannot Block Sale of Company, Says U. S. Steel

18 August 2023 - United States Steel Corporation said yesterday that the labor agreement it has in place with the United Steelworkers (USW) does not give the union the right to veto the sale of the company, the Reuters news service reports.

Senator’s Message to U. S. Steel: Reject Any Bids From Foreign Entity

17 August 2023 - Ohio Republican Sen. JD Vance has penned a letter to United States Steel Corporation, calling on the company to reject buyout offers from foreign entities, FOX Business reports.

Multiple Offers on Table for U. S. Steel

17 August 2023 - The steelmaker has received two multibillion-dollar offers this week, from Cleveland-Cliffs and Esmark, and sources say ArcelorMittal may be weighing a bid.

Esmark Puts in US$7.8 Billion Offer for U. S. Steel

14 August 2023 - Value-added flat-rolled steel producer Esmark Steel Group has put forth an offer to buy United States Steel Corporation (U. S. Steel) for a price of US$35 per share, according to reports this afternoon.

U. S. Steel Turns Down US$7.3 Billion Acquisition Bid From Cleveland-Cliffs

14 August 2023 - On Sunday, Cleveland-Cliffs Inc. revealed its proposal to buy out rival United States Steel Corporation (U. S. Steel) for US$7.3 billion, an offer that U. S. Steel has turned down, according to reports.

U. S. Steel Offers Environmental Declarations for BRS Customers

13 July 2023 - United States Steel Corporation has begun issuing environmental product declarations on flat-rolled products originating in Big River Steel Works furnaces, the company said Thursday.

U. S. Steel Puts a Name to Its Latest Electrical Steel

23 March 2023 - With United States Steel Corporation nearing the end of construction on its electrical steel line in Arkansas, the company is introducing a branded line of non-oriented electrical steel.