U. S. Steel
Latest News
U. S. Steel Starts Chemical Energy Package on EAF
19 January 2021 - Electric arc furnace accessories maker MORE srl said the chemical energy system on United States Steel Corporation’s new electric arc furnace has been started up.
A Historic Moment: U. S. Steel Closes Big River Acquisition
15 January 2021 - United States Steel Corp. finalized its acquisition of Big River Steel on Friday, closing a deal that combines the process technology of America’s youngest steelmaking company with the customer base, capacity, research and development, and product portfolio of one of the country’s oldest.
U. S. Steel Pulls the Trigger on Big River Option
08 December 2020 - United States Steel Corporation has called its option to acquire the remaining stake in Big River Steel for approximately US$774 million in cash, the steelmaker announced Tuesday.
U. S. Steel to Restart Gary No. 4 BF
02 December 2020 - With steel demand continuing to rebound, United States Steel Corporation will restart an Indiana blast furnace next week, reports the The Times newspaper of northwest Indiana.
U. S. Steel EAF Strikes Its First Arc
26 October 2020 - United States Steel Corporation has started up the electric arc furnace at its Fairfield, Ala., facility, a new milestone in its unfolding “Best of Both” strategy.
U. S. Steel’s Matthews to Step Down Early Next Year
01 October 2020 - United States Steel Corporation veteran Douglas R. Matthews will retire in January, concluding a 33-year career with the company, U. S. Steel has announced.
American Steel Companies Optimistic About Industry's Future
01 October 2020 - The U.S. steel industry will emerge from the pandemic-driven economic downturn leaner, stronger and all the more technologically capable, several industry leaders said during AIST’s Virtual Town Hall Forum Wednesday morning.
Improving Demand Prompts Indiana BF Restart
23 July 2020 - United States Steel Corporation plans to restart the No. 8 blast furnace at its Gary Works in Indiana next month, reports The Times newspaper of northwest Indiana.
U. S. Steel to Bring Gary Works BF Back Into Service
01 July 2020 - United States Steel Corporation plans to restart an idled blast furnace on account of rising demand, reports The Times newspaper of northwest Indiana.
Flat-Rolled Demand Is Beginning to Improve, U. S. Steel Says
17 June 2020 - United States Steel Corporation expects to report a second-quarter loss, but said it believes the quarter will mark the bottom of this year’s COVID-19 downturn.
Report: U. S. Steel Restarts Idled Furnace
11 June 2020 - United States Steel Corporation has put the No. 1 blast furnace at its Mon Valley Works back into service, reports commodities news and pricing service Argus Media.
Algoma Signs New Pellet Agreement
15 May 2020 - Algoma Steel Inc. has come to terms on a four-year pellet agreement with United States Steel Corporation, the company has announced.
Stelco Looks to Acquire Stake in Iron Ore Mine
01 May 2020 - Stelco is buying an option on a 25% stake in United States Steel Corporation’s Minntac iron ore mine and has signed a new contract to buy pellets from the steelmaker over the next eight years.
Former Obama Administration Official Named to U. S. Steel Board
30 April 2020 - United States Steel Corporation has elected former U.S. Homeland Security Secretary Jeh C. Johnson to its board of directors.
U. S. Steel Takes Two BFs Out of Service, Postpones Capital Projects
27 March 2020 - In response to the COVID-19 pandemic and the sudden deterioration in the oil and gas markets, United States Steel Corporation is idling two blast furnaces and delaying a number of capital projects.
U. S. Steel Idles Ohio, Texas Tube Mills
24 March 2020 - United States Steel Corporation has informed workers that will indefinitely idle its seamless tube plant in Lorain, Ohio, as well as its Lone Star tubular operations in Texas, reports The (Elyria, Ohio) Chronicle-Telegram newspaper.
U. S. Steel Issues Q1 Earnings Guidance
20 March 2020 - United States Steel Corporation expects to record a first-quarter loss due in part to difficulties in the tubular market and the European sheet market, both of which are occurring against the backdrop of a global pandemic, the company said on Friday.
U. S. Steel Buys Out Partner in Joint Venture Mill
02 March 2020 - United States Steel Corporation has acquired the remaining 50% share in its USS-POSCO Industries (UPI) joint venture, the company said on Sunday.
U. S. Steel on Track to Start Alabama EAF This Year
12 February 2020 - United States Steel Corporation is looking to strike an arc on its new electric arc furnace in Alabama later this year and begin steel production in the second half, reports the Alabama.com news site.
U. S. Steel Accelerates Best of Both Strategy
20 December 2019 - United States Steel Corporation plans to indefinitely idle parts of its Great Lakes Works in Michigan next year as it advances its “best of both” strategy, through which it intends to narrow its operational focus to a few core integrated assets and expand into electric arc furnace steelmaking.
