United States Steel Corporation to Release Second Quarter 2024 Financial Results on August 1, 2024

Rhea-AI Summary

United States Steel (NYSE: X) will release its Q2 2024 financial results on August 1, 2024, after market close. This follows their December 18, 2023, merger agreement with Nippon Steel Due to the pending merger, no earnings conference call will be held. Instead, the company will provide the earnings release, presentation, and financial data concurrently on their website. U. S. Steel, founded in 1901, is a major steel producer serving various industries with advanced steel products and has a significant raw steelmaking capacity of 22.4 million net tons annually.

Positive

• Scheduled release of Q2 2024 financial results on August 1, 2024.
• Definitive merger agreement with Nippon Steel signed on December 18, 2023.
• Company continues to focus on safety and innovation with high-value steel products.
• Significant raw steelmaking capability of 22.4 million net tons annually.

Negative

• No earnings conference call due to the pending merger, potentially limiting real-time investor interactions.

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that it will release financial results for the second quarter 2024 on Thursday, August 1, 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. In light of the pending transaction, the company will not hold an earnings conference call. Instead, the company’s earnings release, presentation, and segment and financial operational data will be issued concurrently.

To access the materials, visit the company’s website at www.ussteel.com and click “Investors.” Financial information, including earnings releases, SEC filings and other investor-related material, is also available in the Investor Relations section of the company’s website.

Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the company’s customer-centric Best for All^® strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging industries with high value-added steel products such as U. S. Steel’s proprietary XG3^® advanced high-strength steel. The company also maintains competitively advantaged iron ore production and has an annual raw steelmaking capability of 22.4 million net tons. U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe. For more information, please visit www.ussteel.com.

©2024 U. S. Steel. All Rights Reserved

View source version on businesswire.com: https://www.businesswire.com/news/home/20240710871537/en/

Corporate Communications

T – (412) 433-1300

E – media@uss.com

Emily Chieng

Investor Relations Officer

T – (412) 618-9554

E – ecchieng@uss.com

Source: United States Steel Corporation

FAQ

When will United States Steel release its Q2 2024 financial results?

United States Steel will release its Q2 2024 financial results on August 1, 2024, after market close.

What is the significance of the merger agreement between United States Steel and Nippon Steel ?

The definitive merger agreement between United States Steel and Nippon Steel , announced on December 18, 2023, signifies a major strategic move that could impact the company's operations and market position.

Why is United States Steel not holding an earnings conference call for Q2 2024?

Due to the pending merger with Nippon Steel , United States Steel will not hold an earnings conference call for Q2 2024.

Where can investors access United States Steel 's Q2 2024 financial results and related materials?

Investors can access United States Steel 's Q2 2024 financial results, presentation, and financial data on the company’s website under the 'Investors' section.