Gary Works

U. S. Steel and CarbonFree Sign Definitive Agreement to Capture Carbon Dioxide Emissions at One of the Largest North American Integrated Steel Mills

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星期三, 四月 3, 2024
Chemicals, Plastics, Environment, Manufacturing, Sustainability, Green Technology, Steel, Atmosphere, U.S. Steel, Paint, Carbon accounting, Partnership, Calcium carbonate, History, Carbon footprint, Transport, Carbon, Senior, Plastic, Fluor Corporation, Multimedia, Skycycle, Gary Works, Paper, Boilermaker

United States Steel Corporation (U. S. Steel) (NYSE: X) and CarbonFree , a leader in carbon capture technology, today announced the signing of a definitive agreement to capture carbon emissions generated from U. S. Steel’s Gary Works Blast Furnaces in a first-of-its-kind project.

Key Points: 
  • United States Steel Corporation (U. S. Steel) (NYSE: X) and CarbonFree , a leader in carbon capture technology, today announced the signing of a definitive agreement to capture carbon emissions generated from U. S. Steel’s Gary Works Blast Furnaces in a first-of-its-kind project.
  • Photo Credit: Fluor Corporation
    U. S. Steel’s involvement aligns with its goal of reducing greenhouse gas emissions intensity 20% by 2030 and achieving net-zero emissions by 2050.
  • In addition, the initial SkyCycle project responds to the increasing demand for low emissions products, such as verdeX™ advanced sustainable steel, from customers.
  • “At CarbonFree, we are pioneering profitable carbon capture utilization through disruptive specialty chemical manufacturing using waste carbon dioxide as a primary feedstock.

United States Steel Honors Employees for Community Service with Donations to Charitable Organizations

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星期三, 三月 20, 2024
Steel, Professional Services, Philanthropy, Manufacturing, Mining, Minerals, Machine Tools, Metalworking & Metallurgy, Fund Raising, Environmental, Social and Governance (ESG), Other Philanthropy, Natural Resources, Volunteer of the Year, Organization, Culture, U.S. Steel, Volunteering, Veteran, Environment, Edgar Thomson Steel Works, Athlete, Student, Service, Safety, Firefighter, EMS, Gary Works, Fire department, Multimedia, 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.

United States Steel Corporation Provides Third Quarter 2023 Guidance

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星期一, 九月 18, 2023
Natural Resources, Manufacturing, Mining, Minerals, Steel, United Auto Workers, Share repurchase, U.S. Steel, Policy, Gary Works, Burritt, Tubular, EBITDA, Iron, Nature, Annual report, Security (finance), NYSE, Bookkeeping

United States Steel Corporation (NYSE: X) today provided third quarter 2023 adjusted net earnings per diluted share guidance of $1.10 to $1.15.

Key Points: 
  • United States Steel Corporation (NYSE: X) today provided third quarter 2023 adjusted net earnings per diluted share guidance of $1.10 to $1.15.
  • Today’s guidance also reflects the expected impact on third quarter financial results from the United Autoworkers union strike announced earlier this month.
  • The start-up this quarter of the non-grain oriented electrical steel line at Big River Steel continues as planned with first coil expected by the end of the month.
  • References to "U. S. Steel," "the Company," "we," "us," and "our" refer to United States Steel Corporation and its consolidated subsidiaries, and references to “Big River Steel” refer to Big River Steel Holdings LLC and its direct and indirect subsidiaries unless otherwise indicated by the context.

United States Steel Corporation Provides First Quarter 2023 Guidance

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星期四, 三月 16, 2023
Natural Resources, Manufacturing, Steel, Mining, Minerals, Chemicals, Plastics, Annual report, Gary Works, Share repurchase, NYSE, U.S. Steel, Burritt, Nature, EBITDA, Security (finance), Safety, Policy, Pharmaceutical industry, Rolling (metalworking), Tubular

United States Steel Corporation (NYSE: X) today provided first quarter 2023 guidance on adjusted EBITDA of approximately $375 million.

Key Points: 
  • United States Steel Corporation (NYSE: X) today provided first quarter 2023 guidance on adjusted EBITDA of approximately $375 million.
  • First quarter 2023 adjusted net earnings per diluted share is expected to be in the range of $0.58 to $0.63.
  • “Strong safety and operating performance, improving order entry and our continued focus on winning share in strategic markets are resulting in better than expected first quarter guidance.
  • References to "U. S. Steel," "the Company," "we," "us," and "our" refer to United States Steel Corporation and its consolidated subsidiaries, and references to “Big River Steel” refer to Big River Steel Holdings LLC and its direct and indirect subsidiaries unless otherwise indicated by the context.

U. S. Steel and CarbonFree Ink MoU to Capture CO2 Emissions at One of the Largest Integrated Steel Mills in North America

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星期四, 三月 2, 2023
Technology, Manufacturing, Environmental Health, Other Technology, Green Technology, Steel, Alternative Energy, Environment, Energy, Sustainability, Chemicals, Plastics, NYSE, CO2, Multimedia, Ceramic, Adhesive, Hydrochloric acid, Hydrogen chloride, SVP, Paper, Memorandum of understanding, Plastic, Sale, Skycycle, Carbon, Calcium carbonate, U.S. Steel, Gary Works, PCC, Table tennis rubber, Cement

S. Steel”) and CarbonFree Chemicals Holdings, LLC (CarbonFree) have signed a non-binding Memorandum of Understanding (MoU) to jointly pursue the capture of CO2 emissions generated from U. S. Steel’s Gary Works manufacturing plant using CarbonFree’s SkyCycle™ technology.

Key Points: 
  • S. Steel”) and CarbonFree Chemicals Holdings, LLC (CarbonFree) have signed a non-binding Memorandum of Understanding (MoU) to jointly pursue the capture of CO2 emissions generated from U. S. Steel’s Gary Works manufacturing plant using CarbonFree’s SkyCycle™ technology.
  • If a definitive agreement is reached, the project is expected to capture and mineralize up to 50,000 metric tons of CO2 per year, the equivalent to carbon emissions from nearly 11,000 passenger cars .
  • View the full release here: https://www.businesswire.com/news/home/20230301006203/en/
    SkyCycle, CarbonFree’s second-generation technology, is a modular, scalable and patented technology designed to directly capture CO2 emissions from a wide variety of hard-to-abate industrial emitters.
  • The technology produces PCC for sale into the global specialty chemicals market, and calcium carbonate for the sequestration of CO2.

United States Steel Corporation Provides Fourth Quarter 2022 Guidance

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星期四, 十二月 15, 2022
Steel, Manufacturing, U.S. Steel, Share repurchase, Mon Valley Works–Irvin Plant, Annual report, NYSE, Nature, Security (finance), Tin, EBITDA, Pressure, Gary Works, Burritt, Blast furnace, Tubular, Policy, Monongahela River, Iron, Iron ore, Fine chemical, Steel

United States Steel Corporation (NYSE: X) today provided fourth quarter 2022 guidance.

Key Points: 
  • United States Steel Corporation (NYSE: X) today provided fourth quarter 2022 guidance.
  • Fourth quarter 2022 adjusted EBITDA is expected to be approximately $375 million.
  • Fourth quarter 2022 adjusted net earnings per diluted share is expected to be in the range of $0.58 to $0.63.
  • References to "U. S. Steel," "the Company," "we," "us," and "our" refer to United States Steel Corporation and its consolidated subsidiaries, and references to Big River Steel refer to Big River Steel Holdings LLC and its direct and indirect subsidiaries unless otherwise indicated by the context.

United States Steel Corporation Provides Third Quarter 2022 Guidance

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星期四, 九月 15, 2022
Machine Tools, Metalworking & Metallurgy, Other Manufacturing, Manufacturing, Steel, Securities Exchange Act of 1934, Time, Safety, Policy, NYSE, Share repurchase, Monongahela River, Securities Act of 1933, U.S. Steel, Mon Valley Works–Irvin Plant, EBITDA, Nature, Contract, Company, Pressure, Steel, Forward-looking statement, Blast furnace, U.S. Securities and Exchange Commission, Gary Works, Tin, Annual report, Transport, Security (finance), Burritt, Tubular, Video game, Iron, Oil

United States Steel Corporation (NYSE: X) today provided third quarter 2022 guidance.

Key Points: 
  • United States Steel Corporation (NYSE: X) today provided third quarter 2022 guidance.
  • Third quarter 2022 adjusted net earnings per diluted share is expected to be in the range of $1.90 to $1.95.
  • We expect to deliver a solid third quarter, even as the business continues to respond to the market headwinds that have accelerated over the quarter.
  • References to "U. S. Steel," "the Company," "we," "us," and "our" refer to United States Steel Corporation and its consolidated subsidiaries unless otherwise indicated by the context.

U. S. Steel Announces Update on Metallics Strategy

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星期二, 六月 28, 2022
Engineering, Machine Tools, Metalworking & Metallurgy, Manufacturing, Steel, EAF, Annual report, CEO, Securities Act of 1933, HBI, Securities Exchange Act of 1934, Iron, Carbon, Intention, EBITDA, Letter, Company, U.S. Securities and Exchange Commission, Forward-looking statement, DRI, U.S. Steel, Plant, MSCI EAFE, LLC, 2K resolution, NYSE, Gary Works, Risk, Time, Safety, Nature, Security (finance), Iron ore, Central Europe

The DR-grade pellets produced would be a new product line for U. S. Steel.

Key Points: 
  • The DR-grade pellets produced would be a new product line for U. S. Steel.
  • U. S. Steel intends to supply the needed iron ore to be used to produce the pig iron.
  • 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. Steels proprietary XG3 advanced high-strength steel.
  • U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe.

U. S. Steel Celebrates Investment in America with Strategic Pig Iron Caster at Gary Works

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星期四, 五月 26, 2022
Steel, Manufacturing, Company, U.S. Securities and Exchange Commission, Steel, Gary Works, Leadership, Multimedia, Nature, Workforce, Efficiency, Securities Act of 1933, Securities Exchange Act of 1934, Time, Iron, Forward-looking statement, USW, Safety, U.S. Steel, Security (finance), NYSE, Annual report, CEO, Renewable energy, Iron ore, Audit, United Steelworkers, Central Europe

United States Steel Corporation (NYSE: X) (U. S. Steel) employees joined United Steelworkers (USW) leadership, key partners, and elected officials to celebrate the Companys investment in a pig iron caster at its Gary Works facility.

Key Points: 
  • United States Steel Corporation (NYSE: X) (U. S. Steel) employees joined United Steelworkers (USW) leadership, key partners, and elected officials to celebrate the Companys investment in a pig iron caster at its Gary Works facility.
  • The installation of the pig iron caster is a key part of U. S. Steels metallics strategy, capitalizing on its iron ore advantage.
  • The pig machine will be fed with iron ore from the Companys Minnesota Ore Operations, Minntac and Keetac.
  • The produced pig iron is expected to supply up to 50% of the ore-based metallics needs for Big River Steel Works.

United States Steel Corporation Provides First Quarter 2022 Guidance

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星期四, 三月 17, 2022
Steel, Manufacturing, EBITDA, Company, Safety, Share repurchase, Forward-looking statement, U.S. Steel, NYSE, UNICEF, Culture, Mining, Tubular, Bed, U.S. Securities and Exchange Commission, Workforce, Refugee, Red, Gary Works, Burritt, Industry, Securities Exchange Act of 1934, Securities Act of 1933, Time, COVID-19, Policy, Meal, Nature, Annual report, Food, Security (finance), Oil, Steel

United States Steel Corporation (NYSE: X) today provided first quarter 2022 guidance.

Key Points: 
  • United States Steel Corporation (NYSE: X) today provided first quarter 2022 guidance.
  • First quarter 2022 adjusted EBITDA is expected to be approximately $1.3 billion, a new all-time record for the first quarter.
  • We are exiting the first quarter with spot business accelerating, steel prices rising, and the longest backlog at our Big River Steel operations since October.
  • References to "U. S. Steel," "the Company," "we," "us," and "our" refer to United States Steel Corporation and its consolidated subsidiaries unless otherwise indicated by the context and "Big River Steel" refers to Big River Steel Holdings LLC and its direct and indirect subsidiaries unless otherwise indicated by the context.