Associated tags: U.S. Steel, Iron, Safety, Steel, Manufacturing, NYSE, Central Europe
Locations: CANADA, UNITED STATES, NORTH AMERICA, PENNSYLVANIA, MILBANK, PITTSBURGH, PA
United States Steel Corporation (NYSE: X) (“U.
Key Points:
- United States Steel Corporation (NYSE: X) (“U.
- S. Steel”) announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock.
- Founded in 1901, United States Steel Corporation is a leading steel producer.
- U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe.
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Edgar Thomson Steel Works,
Monongahela River S. Steel” or the “Company”) (NYSE: X) received the “Governor’s Award for Environmental Excellence” from the Pennsylvania Department of Environmental Protection (DEP) for converting two of its diesel locomotives to battery power.
Key Points:
- S. Steel” or the “Company”) (NYSE: X) received the “Governor’s Award for Environmental Excellence” from the Pennsylvania Department of Environmental Protection (DEP) for converting two of its diesel locomotives to battery power.
- The locomotives are located at the Mon Valley Works’ Edgar Thomson and Clairton Plants where they are used for carrying steel, coke, scrap metal, iron ore, and other materials necessary for production.
- The switch to battery-powered locomotives is expected to reduce airborne particulate matter (PM2.5) emissions at the facilities by .385 tons - the equivalent emissions of 7,000 gasoline-powered passenger vehicles.
- U. S. Steel invested more than $2.3 million in the locomotives while the remaining cost was offset through a partnership with the DEP.
S. Steel”) today announced that it will release financial results for the first quarter 2024 on Thursday, May 2, 2024, following the close of trading on the New York Stock Exchange.
Key Points:
- S. Steel”) today announced that it will release financial results for the first quarter 2024 on Thursday, May 2, 2024, following the close of trading on the New York Stock Exchange.
- As previously announced, on December 18, 2023, the company entered into a definitive merger agreement to be acquired by Nippon Steel Corporation.
- Founded in 1901, United States Steel Corporation is a leading steel producer.
- U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe.
Following the special meeting of stockholders (the “Special Meeting”) held earlier today, United States Steel Corporation (NYSE: X) (“U.
Key Points:
- Following the special meeting of stockholders (the “Special Meeting”) held earlier today, United States Steel Corporation (NYSE: X) (“U.
- S. Steel”) announced that, based on the preliminary vote count, U. S. Steel stockholders overwhelmingly voted to approve the proposed merger with Nippon Steel Corporation (NSC) (TSE: 5401).
- And we will maintain the U. S. Steel name and Pittsburgh headquarters, with even more capital to invest in Pennsylvania.
- Barclays Capital Inc., Goldman Sachs & Co. LLC and Evercore Inc. are serving as financial advisors to U. S. Steel.
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Barclays S. Steel”) today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have recommended that U. S. Steel shareholders vote “FOR” the pending transaction with Nippon Steel Corporation (“NSC”) (TSE: 5401) at the upcoming special meeting on April 12, 2024.
Key Points:
- S. Steel”) today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have recommended that U. S. Steel shareholders vote “FOR” the pending transaction with Nippon Steel Corporation (“NSC”) (TSE: 5401) at the upcoming special meeting on April 12, 2024.
- “There is no doubt that the offer represents a meaningful premium for shareholders resulting from a thorough and competitive sales process.
- Importantly, U. S. Steel will retain its headquarters in Pittsburgh, Pennsylvania and together with NSC will bolster and grow U. S. Steel in the U.S. market in a way that prioritizes our talented employees and union members.
- Milbank LLP and Wachtell, Lipton, Rosen & Katz are acting as legal advisors.
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Iron United States Steel Corporation (NYSE: X) has received authorization for its multi-million-dollar Consent Decree from the United States Environmental Protection Agency (U.S. EPA) and the United States Department of Justice (DOJ).
Key Points:
- United States Steel Corporation (NYSE: X) has received authorization for its multi-million-dollar Consent Decree from the United States Environmental Protection Agency (U.S. EPA) and the United States Department of Justice (DOJ).
- The January 2024 Consent Decree with the Allegheny County Health Department, Clean Air Council, and PennEnvironment addressed the Clairton Plant fire in 2018, and power outages at the Plant in 2019 and 2022.
- Project funds will be managed and distributed by the Jefferson Regional Foundation and Allegheny County Department of Economic Development.
- On March 20, 2024, DOJ issued a letter stating that they had no objections to the Consent Decree.
Retrieved on:
Wednesday, March 20, 2024
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Iron S. Steel”) named its Volunteer of the Year along with 12 Service Champions for their community service in 2023 as part of the company’s United by Service initiative.
Key Points:
- S. Steel”) named its Volunteer of the Year along with 12 Service Champions for their community service in 2023 as part of the company’s United by Service initiative.
- To honor the winners, U. S. Steel is donating to the charitable organization of each employee’s choice.
- Tyrell Anderson, an operational excellence engineer at U. S. Steel Gary Works in Gary, Indiana, was named the United by Service 2023 Volunteer of the Year.
- U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe.
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Bookkeeping Management of the Company or NSC, as applicable, believes that these forward-looking statements are reasonable as of the time made.
Key Points:
- Management of the Company or NSC, as applicable, believes that these forward-looking statements are reasonable as of the time made.
- This communication relates to the proposed transaction between the United States Steel Corporation (the “Company”) and Nippon Steel Corporation (“NSC”).
- Founded in 1901, United States Steel Corporation is a leading steel producer.
- U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe.
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Carnegie Mellon University,
Management S. Steel”) today announced a strategic investment in Pittsburgh-based Freespace Robotics, a pioneering manufacturer of robotic storage and retrieval systems that are in demand by warehouses worldwide.
Key Points:
- S. Steel”) today announced a strategic investment in Pittsburgh-based Freespace Robotics, a pioneering manufacturer of robotic storage and retrieval systems that are in demand by warehouses worldwide.
- This investment will help Freespace hire and retain local talent as well as recruit others into the region.
- View the full release here: https://www.businesswire.com/news/home/20240310404334/en/
"Investing in Freespace Robotics is another way we’re promoting innovation while supporting the regional economy and its workforce,” said Christian Gianni, U. S. Steel Senior Vice President & Chief Technology Officer.
- As part of this investment, U. S. Steel’s Director of Strategy & Corporate Development, Jim Cook, will join the Freespace Robotics Board of Directors.
