United States Steel Corporation

United States Steel Corporation (U.S. Steel) is one of the leading producers and sellers of flat-rolled and tubular steel products in North America and Europe. U.S. Steel operates through four main segments: North American Flat-Rolled, Mini Mill, U.S. Steel Europe, and Tubular Products. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke. It serves customers in the service center, conversion, transportation, automotive, construction, container, appliance, and electrical markets. The Mini Mill segment provides hot-rolled, cold-rolled, and coated sheets and electrical products. It serves customers in the automotive, appliance, construction, container, transportation, and service center markets. The USSE segment provides slabs, strip mill plates, sheets, tin mill products, and spiral welded pipes. It serves customers in the construction, container, appliance and electrical, service center, conversion, oil, gas, and petrochemical markets. The Tubular segment offers seamless and electric resistance welded steel casing and tubing products, as well as standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets. In addition to its steel-related activities, U.S. Steel also engages in the real estate business.

U.S. Steel was founded in 1901 by the merger of Andrew Carnegie’s Carnegie Steel Company and Elbert H. Gary’s Federal Steel Company. The company is headquartered in Pittsburgh, Pennsylvania and is the largest integrated steel producer in the U.S. It is also the world’s 11th largest steel producer, with an annual production capacity of over 30 million tons. U.S. Steel operates more than 100 facilities across the United States, Canada, and Central Europe, and employs over 26,000 people. In 2019, the company reported revenues of $11.7 billion and net income of $1.2 billion. U.S. Steel is a publicly traded company listed on the New York Stock Exchange under the ticker symbol X. It is a component of the S&P 500 index and is included in the Fortune 500 list of the largest United States corporations by total revenue.