12.77 -0.01 (-0.08%)
After hours: 6:14PM EST
|Bid||12.75 x 3100|
|Ask||12.79 x 900|
|Day's Range||12.59 - 13.21|
|52 Week Range||9.93 - 26.74|
|Beta (3Y Monthly)||3.04|
|PE Ratio (TTM)||3.52|
|Earnings Date||Jan. 28, 2020 - Feb. 3, 2020|
|Forward Dividend & Yield||0.20 (1.56%)|
|1y Target Est||9.88|
United States Steel Corporation (NYSE:X) today took another step in the execution of its strategy to become the “best of both” in the steel industry with the announcement of its plans to reduce greenhouse gas emissions intensity across its global footprint. The company has set a goal to reduce its global greenhouse gas emissions intensity by 20 percent, as measured by the rate of carbon dioxide (CO2) equivalents emitted per ton of finished steel shipped, by 2030 based on 2018 baseline levels. This target will apply to U. S. Steel’s global operations.
Today, U. S. Steel Tubular Products, Inc., a subsidiary of United States Steel Corporation (NYSE:X), announced that Vicki Hollub, president and chief executive officer of Occidental Petroleum Corporation, is the recipient of the Chief Roughneck Award for 2019. The announcement was made at the 90th annual meeting of the Independent Petroleum Association of America (IPAA). U. S. Steel Senior Vice President – Industrial, Service Center, Mining Solutions and Tubular Operations Douglas R. Matthews presented Ms. Hollub with the traditional Chief Roughneck bronze bust and hard hat.
CLF and U.S. Steel Corporation are looking at electric arc furnaces, whose variable cost dynamics make them suitable for the cyclical steel industry.
Citi is bearish on iron ore and steel prices, expecting bad news for Cleveland-Cliffs (CLF) and US steel companies. This year, CLF stock is trading almost flat.
U.S. Steel stock (X) is trading with sharp gains today after the company released its Q3 earnings. Here's why the market is so optimistic about X.
AK Steel (AKS) reported its third-quarter earnings on Wednesday in after-market trading. The stock fell sharply during trading on Thursday.