United States Steel Corporation (U.S. Steel) is a U.S.-based corporation listed on the New York Stock Exchange (NYSE) under the ticker X, operating in the materials sector and the steel and steel products subsector. Founded by J. P. Morgan, Andrew Carnegie, Charles Schwab and Elbert Gary, the company was established with the objective of consolidating key steel assets in the United States and expanding industrial capacity on a national scale.
The product portfolio includes slabs, hot-rolled and cold-rolled coils, plate, tubular goods, electrical steel products and solutions designed for high-demand industrial segments. The company also provides technical services related to application, specification and materials development for heavy manufacturing, energy, construction and transportation.
The market footprint spans the United States, Canada, European countries and selected segments in Latin America. Operations serve the automotive, infrastructure, oil and gas, heavy machinery and capital goods industries, supported by company-operated distribution centers, an integrated logistics network and direct sales to large corporate clients.
Market factors influencing operations include global economic cycles, steel demand in infrastructure projects, cost volatility in iron ore, metallurgical coal and scrap, trade policies, import tariffs and competition from international steelmakers. Modernization programs and decarbonization initiatives also represent structural variables in the sector.
Operational scale includes thousands of employees across facilities located in Indiana, Michigan, Minnesota, Pennsylvania and Arkansas, in addition to industrial plants and finishing centers associated with European subsidiaries. The client base comprises automakers, energy supply chain companies and large-scale industrial enterprises.
The operating structure integrates proprietary iron ore mining, fully integrated steelmaking complexes, electric arc furnace facilities, processing centers, research laboratories and distribution networks. Corporate headquarters is located in Pittsburgh, Pennsylvania, with administrative branches and production units positioned in strategic regions.
Global activities are organized through industrial, automotive, energy and specialty steel divisions, supported by proprietary logistics, long-term supply contracts and technology platforms for production control. Quality systems, engineering functions and technical support reinforce the operational framework.
Shares are traded exclusively on the NYSE under the ticker X.
History and Foundation
The company was founded in 1901 in Pittsburgh, Pennsylvania, through the consolidation of steel assets aimed at forming an integrated conglomerate during a period of rapid industrial expansion in the United States.The early years were marked by mill modernization, process standardization and operational challenges arising from regional competitiveness and accelerating demand. The unified structure enabled economies of scale and growth in production capacity.
Subsequent decades saw expansion into new industrial markets, development of flat and specialty steel lines and increased mining and steelmaking capabilities. International presence was strengthened through subsidiaries and strategic partnerships.
Key milestones include the initial public offering (IPO) in 1901, the adoption of electric steelmaking technologies in the 20th century, the expansion of metallurgical research centers and acquisitions aimed at boosting high-strength steel production.
Between 2020 and 2024, the company invested in electric arc furnace facilities, production decarbonization, modernization of rolling mills, energy-efficiency initiatives and operational restructuring driven by global steel price volatility and shifts in the automotive and infrastructure markets.
Additional Information
The Company United States Steel Corp. (United States), is listed on NYSE with a market value of $ 12.39 Billions, having an equity of $ 11.33 Billions.
With a total of 23.350 employees, the company is listed in the sector of Basic Materials and categorized in industry of Iron and Steel.
In the last 12 months the Company had a revenue of $ 15.21 Billions, which generated a loss in the amount of $ 97.00 Millions.
As for its main indicators, the Company has a P/E ratio of 127.77, a P/BV ratio of 1.09 and in the last 12 months the dividend yield of X was at 0.36%.
The Company is traded internationally through the ticker X.