U.S. Steel Lowers EBITDA Guidance for Q4 Amid Weak Pricing

United States Steel Corporation (X) expects fourth-quarter 2024 adjusted loss of between 29 cents and 25 cents per share. The quarterly adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) are predicted to be around $150 million.The fourth quarter marked a key milestone in the company’s Best for All future, as the team executed more than $4 billion in growth capital investments. The first coil was achieved at Big River 2 on Oct. 31, 2024, and customer shipments started in Decembe ...