CLAIRTON, PENNSYLVANIA - MARCH 20: A general view of the exterior of the U.S. Steel Clairton Coke ... [+] Plant, on March 20, 2024 in Clairton, Pennsylvania. Nippon Steel has said that it would relocate its U.S. headquarters from Houston to Pittsburgh, where U.S. Steel (X.N) is located, if their acquisition deal goes through. (Photo by Jeff Swensen/Getty Images)Getty ImagesNever turn down capital when it’s offered to you. The previous axiom is easily as old as business.The wise refuse what’s precious precis ...

Key TakeawaysU.S. Steel said lower prices and the costs of the ramp up of a new factory will negatively impact current-quarter results.The company's outlook for an adjusted loss and adjusted EBITDA were below forecasts.The news came just days before U.S. officials will decide on whether to approve Nippon Steel's purchase of the company, which is opposed by both President Biden and President-elect Trump. U.S. Steel (X) shares fell Friday as the steelmaker gave weaker-than-expected guidance for the current qu ...

Core Insights - The company executed over $4 billion in growth capital investments in Q4, marking a significant milestone in its strategic future [1] - The company anticipates an adjusted loss of between 29 cents and 25 cents per share for Q4 2024, with adjusted EBITDA projected at around $150 million, significantly lower than previous estimates [3][4] Financial Performance - The Flat-Rolled segment's adjusted EBITDA is expected to decline due to reduced selling prices and volumes, alongside maintenance activities [2] - The Mini Mill segment's adjusted EBITDA is also projected to be lower due to decreased volumes [2] - The European segment's adjusted EBITDA is forecasted to decrease due to low demand, resulting in lower volumes and average selling prices [5] Market Conditions - Steel prices remain under pressure, impacting the overall financial performance, particularly in the Big River 2 ramp-up costs [4] - Despite challenges, the North American Flat-Rolled segment continues to generate solid EBITDA due to a strong commercial strategy and diverse product mix [4] Stock Performance - The company's shares have decreased by 34.1% over the past year, compared to a 31% decline in the industry [6] - The company currently holds a Zacks Rank of 3 (Hold) [10]

证券时报网讯，美国总统拜登计划以国家安全为由阻止日本制铁以141亿美元收购美国钢铁公司的交 易。 美国外国投资委员会（CFIUS）正在评估此交易，预计在12月22日或23日前提交决定给拜登。 若交易被阻止，日本制铁和美国钢铁公司准备提起诉讼。 校对：祝甜婷 ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

当地时间12月2日，美国当选总统特朗普在社交平台发文称，反对美国钢铁公司被日本制铁收购。特朗 普称，"作为总统，我将阻止这一交易的发生。" 收购案在美国政界遭到多方阻挠 2023年，日本制铁公司宣布，计划收购有百年历史的美国钢铁公司，将其变成全资子公司。不过，这一 收购案在美国政界遭到多方阻挠。 美国总统拜登今年3月曾表示，反对日本制铁公司收购美国钢铁公司。特朗普也曾于1月底表示反对这项 交易。特朗普担任总统期间在钢铁行业和其他制造业领域采取了激进的保护主义政策。 今年9月17日，负责审查这一收购计划的美国外国投资委员会同意日本制铁公司和美国钢铁公司重新提 交交易批准申请，并将收购方案能否达成的决定日期推迟到11月美国总统大选之后。 据外媒11月26日援引知情人士消息，日本首相石破茂已致信美国总统拜登，请求其批准日本制铁公司收 购美国钢铁公司的计划。（总台记者 张颖哲） ...

CHONGQING, CHINA - OCTOBER 31: The U.S. Steel webpage is displayed on a smartphone in front of the ... [+] United States Steel Corporation logo on October 31, 2024 in Chongqing, China. (Photo by Cheng Xin/Getty Images)Getty ImagesUnited States Steel stock dropped nearly 6% during Wednesday’s trading, accelerating the losing streak from the past week. Nippon Steel Corporation, Japan’s largest steelmaker, set out to acquire United States Steel in December 2023, but has faced still opposition from both U.S. Pr ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

A Trump victory could mean higher tariffs on foreign steel, with a key merger in limbo.Shares of U.S. steel stocks U.S. Steel (X 8.27%), Cleveland Cliffs (CLF 20.07%), and Steel Dynamics (STLD 13.76%) were rallying on Wednesday, up 8.2%, 20.1%, and 13.8%, respectively, on the day.It wasn't hard to figure out the reason for the rallies, as investors appear to believe the reelection of Donald Trump will be great news for steel stocks due to his penchant for tariffs and lower corporate taxes. Additionally, a p ...

Core Insights - United States Steel Corporation (X) reported a profit of $119 million or 48 cents for Q3 2024, a decline of approximately 60% from $299 million or $1.20 per share in the same quarter last year. Adjusted earnings per share were 56 cents, down from $1.40 a year ago, but exceeded the Zacks Consensus Estimate of 45 cents [1][2] Financial Performance - Revenues decreased by around 13% year over year to $3,853 million, surpassing the Zacks Consensus Estimate of $3,736 million [2] - Total steel shipments were 3,516,000 tons, down approximately 7% year over year, and below the estimate of 3,619,000 tons [2] Segment Highlights - **Flat-Rolled Segment**: EBIT was $106 million, down from $225 million a year ago. Shipments fell roughly 11.7% to 1,905,000 tons, with an average realized price per ton of $993, down around 4.2% year over year, exceeding the estimate of $940 [3] - **Mini Mill Segment**: Reported a loss of $28 million compared to a profit of $42 million a year ago. Shipments increased by 7.3% to 602,000 tons, with an average realized price per ton of $800, down around 11.2% year over year, lagging the estimate of $806 [4] - **U.S. Steel Europe**: Achieved a profit of $7 million, recovering from a loss of $13 million a year ago. Shipments fell around 6.2% to 899,000 tons, with an average realized price per ton of $802, down around 5.2% year over year, beating the estimate of $750 [5] - **Tubular Segment**: Posted a loss of $4 million compared to a profit of $87 million a year ago. Shipments rose roughly 5.7% to 110,000 tons, with an average realized price per ton of $1,805, down approximately 38.3% year over year, lagging the estimate of $1,886 [6] Financial Position - At the end of the quarter, cash and cash equivalents were $1,773 million, down around 45% from the prior-year quarter. Long-term debt was $4,068 million, down 1.5% [7] Outlook - U.S. Steel anticipates fourth-quarter adjusted EBITDA to be between $225 million and $275 million. The North American Flat-Rolled unit results are expected to decline modestly due to lower average selling price projections. The Mini Mill segment is expected to improve, despite $25 million in related start-up and one-time construction expenditures. European results are likely to be lower due to unfavorable CO2 allocations and weak demand and pricing. Tubular segment results are projected to be roughly flat compared to Q3 [8] Stock Performance - The company's shares have increased by 11.9% over the past year, contrasting with an 8.7% decline in the industry [9]