Merger and Corporate Structure - The Company entered into a Merger Agreement on December 18, 2023, with the Merger Sub merging into the Company, which will continue as a wholly owned subsidiary of Purchaser [131]. Financial Performance - Net sales for the three months ended March 31, 2025, were $3,727 million, a decrease of 10% compared to $4,160 million for the same period in 2024 [140]. - The Flat-Rolled segment reported net sales of $2,189 million, down 8% from $2,391 million in the prior year, primarily due to lower average realized prices and decreased shipments [140]. - The Mini Mill segment saw an increase in net sales to $627 million, up 8% from $578 million, driven by higher shipment volumes [140]. - The U.S. Steel Europe segment experienced a 28% decline in net sales to $659 million from $918 million, mainly due to lower sales volume and prices [140]. - For the three months ended March 31, 2025, United States Steel Corporation reported a net loss of $116 million, compared to net earnings of $171 million for the same period in 2024, reflecting a significant decline in performance [159]. EBITDA and Segment Performance - EBITDA for the Flat-Rolled segment decreased by 33% to $104 million compared to $156 million in the same period last year [150]. - The Mini Mill segment's EBITDA plummeted by 97% to $5 million from $145 million, reflecting lower average realized prices [152]. - The Tubular segment's EBITDA decreased by 64% to $25 million from $69 million, primarily due to lower average realized prices and unfavorable product mix [150]. - EBITDA for the USSE segment decreased by 24% to $35 million in Q1 2025, down from $46 million in Q1 2024, primarily due to lower average realized prices and decreased steel shipments [153]. - Tubular segment EBITDA fell by 64% to $25 million in Q1 2025, compared to $69 million in Q1 2024, driven by lower average realized prices and higher other costs [156]. Cash Flow and Liquidity - Net cash used in operating activities was $374 million for Q1 2025, a significant increase from $28 million in Q1 2024, primarily due to lower net earnings and changes in working capital [161]. - Capital expenditures for Q1 2025 were $359 million, down from $640 million in Q1 2024, indicating a reduction in investment activities [166]. - Total estimated liquidity as of March 31, 2025, was $2,868 million, including $594 million in cash and cash equivalents [172]. - The cash conversion cycle increased to 28 days in Q1 2025 from 26 days in Q4 2024, indicating a decline in working capital efficiency [163]. - The company has committed approximately $193 million of liquidity sources for financial assurance purposes as of March 31, 2025 [169]. - The company expects to fund its liquidity requirements primarily through planned strategic capital expenditures, working capital needs, and debt service [173]. Regulatory and Environmental Compliance - The U.S. EPA announced intentions to reconsider the Integrated Iron and Steel Rule, with a final rule published on April 3, 2024, and a petition for reconsideration filed by the company [191]. - The U.S. EPA published the final Coke MACT rule on July 5, 2024, imposing lower emission limits, with the company reviewing the rule for next steps [194]. - The U.S. EPA's final rule on Regional Ozone Transport was announced on March 15, 2023, affecting several industries, including those operated by the company [195]. - The U.S. EPA lowered the National Ambient Air Quality Standards (NAAQS) for ozone from 75 ppb to 70 ppb in October 2015, with ongoing litigation regarding this standard [196]. - The company submitted a request for a two-year Presidential Exemption in response to the U.S. EPA's reconsideration of several rules, including the Integrated Iron and Steel Rule [191]. - The company continues to monitor emerging regulations on Per- and Polyfluoroalkyl Substances (PFAS) and their potential impact [188]. Trade and Tariffs - U.S. Steel continues to face significant import competition, with global steel overcapacity estimated at over 663 million net tons per year, impacting operational and financial performance [200]. - The Section 232 tariffs on steel imports, implemented in March 2018, impose a 25% tariff on certain steel products, supporting the U.S. steel industry and U.S. Steel's investments [201]. - Additional tariffs of 7.5% to 100% on most imports from China remain in effect, affecting raw materials and steel products [203]. - In March 2025, new Section 232 tariffs of 25% on U.S. imports of passenger vehicles and light trucks will take effect, impacting the automotive supply chain [204]. - U.S. Steel is actively defending 69 U.S. antidumping and countervailing duty orders, as well as 15 EU orders, to protect its products from unfair trade practices [207]. - The Department of Commerce initiated new antidumping and countervailing duty investigations on corrosion-resistant steel imports from ten countries, with final determinations expected in Q3 2025 [208]. - The European Commission's safeguard on global steel imports, imposing 25% tariffs on imports exceeding quota limits, is set to expire in June 2026 [206]. - U.S. Steel will continue to execute a global strategy to maximize opportunities and navigate challenges related to imports and international trade policies [210]. Market Risk and Off-Balance Sheet Arrangements - There were no material changes in U.S. Steel's exposure to market risk from December 31, 2024 [212]. - U.S. Steel did not enter into any new material off-balance sheet arrangements during Q1 2025 [199].

United States Steel Corporation (X) logged a loss of $116 million or 52 cents for first-quarter 2025. This compares unfavorably with a profit of $171 million or 68 cents per share in the year-ago quarter.Barring one-time items, the adjusted loss per share was 39 cents against earnings of 82 cents a year ago. The figure was narrower than the Zacks Consensus Estimate of a loss of 48 cents.Revenues fell around 10.4% year over year to $3,727 million in the reported quarter but beat the Zacks Consensus Estimate ...

For the quarter ended March 2025, United States Steel (X) reported revenue of $3.73 billion, down 10.4% over the same period last year. EPS came in at -$0.39, compared to $0.82 in the year-ago quarter.The reported revenue represents a surprise of +2.91% over the Zacks Consensus Estimate of $3.62 billion. With the consensus EPS estimate being -$0.48, the EPS surprise was +18.75%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...

United States Steel (X) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.48. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.75%. A quarter ago, it was expected that this steel maker would post a loss of $0.25 per share when it actually produced a loss of $0.13, delivering a surprise of 48%.Over the last four quarters, the company has su ...

NEWS RELEASE CONTACTS: Corporate Communications T - (412) 433-1300 E - media@uss.com Emily Chieng Investor Relations Officer T - (412) 618-9554 E - ecchieng@uss.com FOR IMMEDIATE RELEASE: United States Steel Corporation Reports First Quarter 2025 Results • First quarter 2025 net loss of $116 million, or $0.52 per diluted share. Q2 2025 Outlook We expect second quarter adjusted EBITDA in the range of $375 million and $425 million. Our North American Flat-Rolled segment results are expected to increase as sea ...

智通财经5月2日电，美国钢铁公司第一季度销售额为37.3亿美元。 ...

据路透报道，对冲基金Third Point"大幅"持股美国钢铁公司（X）。 美国钢铁（X）股价短线走高，日内整体涨幅重新扩大至将近1.3%。 ...

United States Steel Corporation (X) is set to release first-quarter 2025 results after the closing bell on May 1.U.S. Steel surpassed the Zacks Consensus Estimate in three of the trailing four quarters while missing once. X has a trailing four-quarter earnings surprise of 20.4%, on average. It posted an earnings surprise of 48% in the last reported quarter. U.S. Steel’s shares have gained 18.5% over the past year, compared with the Zacks Steel Producers industry’s 35.1% decline.Image Source: Zacks Investmen ...

美国钢铁公司（X）美股盘后跌0.59%。 美国总统特朗普宣称，铝和钢铁关税保护国家的基地。 ...

The market expects United States Steel (X) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be releas ...