Core Viewpoint - The International Trade Commission's decision against tariffs on foreign tin imports poses a significant threat to a West Virginia steel mill, potentially jeopardizing nearly 1,000 jobs and raising national security concerns [1][4][7]. Group 1: Impact on Employment and Local Economy - The closure of the Weirton, West Virginia plant by Cleveland-Cliffs could result in the loss of approximately 900 jobs, affecting not only the workers but also the local school system and tax base [6][7]. - The president of the United Steelworkers Local 2911 union emphasized that the decision could have broader implications for the entire country, highlighting the importance of domestic manufacturing [6][7]. Group 2: National Security Concerns - The union president expressed that the lack of tariffs on foreign tin imports could lead to foreign control over the food supply for U.S. soldiers in the event of a conflict, framing the issue as a national security matter [3][6]. - Senator Joe Manchin echoed these concerns, stating that the ITC's decision undermines economic and national security by favoring illegally dumped and subsidized imports over American workers [7][8]. Group 3: Legislative and Advocacy Efforts - The union and local politicians are mobilizing efforts to overturn the ITC's decision, with the union president asserting that there is significant support in Washington to challenge the ruling [3][6]. - Senator Manchin has committed to working with stakeholders to revitalize domestic manufacturing and strengthen supply chains, emphasizing the need for action to protect American jobs [8].

Steel has become an integral part of the American economy. But as a large portion of the sector is being "sold off to the highest bidder," members of the United Steelworkers (USW) union are sounding off over the transaction. "It was the workers that drove the force for the profits to be made, and at the end of the day, they sold off to the highest bidder to line their own pockets, and left these guys kind of holding the bag with an uncertain future," Local 1219 President Michael Evanovich told FOX Business’ ...

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today published a video in which President and Chief Executive Officer, David B. Burritt and Senior Vice President and Chief Financial Officer, Jessica T. Graziano, review the Company’s fourth quarter and full-year 2023 earnings results, provide earnings guidance for the first quarter 2024 and discuss the previously announced acquisition of U. S. Steel. The video is being posted to the Company's Investor Relations website ...

United States Steel Corporation (X) slipped to a loss of $80 million or 36 cents per share for fourth-quarter 2023, against a profit of $174 million or 68 cents per share in the year-ago quarter.Barring one-time items, adjusted earnings per share were 67 cents, down from 89 cents a year ago. The figure, however, topped the Zacks Consensus Estimate of 25 cents.Revenues fell around 4.5% year over year to $4,144 million in the reported quarter but beat the Zacks Consensus Estimate of $3,702.1 million.The compa ...

United States Steel (X) reported $4.14 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 4.5%. EPS of $0.67 for the same period compares to $0.87 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.7 billion, representing a surprise of +11.94%. The company delivered an EPS surprise of +168.00%, with the consensus EPS estimate being $0.25.While investors scrutinize revenue and earnings changes year-over-year and how they compare with W ...

United States Steel (X) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 168%. A quarter ago, it was expected that this steel maker would post earnings of $1.15 per share when it actually produced earnings of $1.40, delivering a surprise of 21.74%.Over the last four quarters, the compa ...

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday, March 13, 2024, to stockholders of record at the close of business on Monday, February 12, 2024. Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company’s customer-centric Best for All® strategy is advanc ...

2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 1-16811 United States Steel Corporation (Exact name of registrant as specified in its charter) Delaware 25-1897152 (State or other ...

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HARRISBURG, Pa. — U.S. Steel Corp. has agreed to settle a lawsuit that accused the Pittsburgh-based company of violating federal clean-air laws by operating plants without its desulfurization controls for more than three months, emitting clouds of sulfurous gas into surrounding towns.The settlement with environmental groups Clean Air Council and PennEnvironment and the Allegheny County Health Department was filed in federal court Monday for a judge to review, the groups said.PennEnvironment and the other pl ...