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.
S&P 400 Component
|Founded||March 2, 1901 by merger of Carnegie Steel with Federal Steel Company & the National Steel Company|
J. P. Morgan
Charles M. Schwab
|Headquarters||U.S. Steel Tower|
Pittsburgh, Pennsylvania, US
|Revenue||US$20.275 billion (2021)|
|US$4.946 billion (2021)|
|US$4.174 billion (2021)|
|Total assets||US$17.816 billion (2021)|
|Total equity||US$9.010 billion (2021)|
Number of employees
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.