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U.S. Steel

American steel-producing company / From Wikipedia, the free encyclopedia

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United States Steel Corporation, more commonly known as U.S. Steel, is an American integrated steel producer headquartered in Pittsburgh, Pennsylvania, with production operations primarily in the United States of America and in Central Europe. The company produces and sells steel products, including flat-rolled and tubular products for customers in industries across automotive, construction, consumer, electrical, industrial equipment, distribution, and energy. Operations also include iron ore and coke production facilities.[2]

Quick facts: Type, Traded as, Industry, Founded, Founders...
United States Steel Corporation
TypePublic
NYSE: X
S&P 400 Component
IndustrySteel
FoundedMarch 2, 1901; 121 years ago (1901-03-02) by merger of Carnegie Steel with Federal Steel Company & the National Steel Company
FoundersAndrew Carnegie
Elbert Gary
William Moore
J. P. Morgan
Charles M. Schwab
HeadquartersU.S. Steel Tower
Pittsburgh, Pennsylvania, US
Area served
Worldwide
Key people
ProductsFlat-rolled steel
Tubular steel
Iron ore
Revenue US$20.275 billion (2021)[1]
US$4.946 billion (2021)[1]
US$4.174 billion (2021)[1]
Total assets US$17.816 billion (2021)[1]
Total equity US$9.010 billion (2021)[1]
Number of employees
24,540[1] (2021)
WebsiteUSSteel.com
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It was the 8th largest steel producer in the world in 2008. By 2018, the company was the world's 38th-largest steel producer and the second-largest in the United States behind Nucor Corporation.

Though renamed USX Corporation in 1986, the company was renamed United States Steel in 2001 after spinning off its energy business, including Marathon Oil, and other assets from its core steel concern.