BMO Capital Markets has upgraded US Steel's stock from Market Perform to Outperform on Wednesday. U. S. Steel broke ground on the Mini-Mill facility in 2022 and plans to complete construction this ...
U.S. Steel (NYSE:X) on Thursday posted a net loss of $116 million, or $0.52 a share, for the first quarter of 2025, as seasonal logistics constraints and weak steel prices weighed on performance. On ...
A new "Steel Climate Standard" seeks to apply the same carbon benchmark to integrated steel mills and mini-mills. More recently developed mini-mills recycle scrap metal with electric arc furnaces, ...
OSCEOLA, Ark. (KAIT/Edited News Release) -Last week, Hybar, LLC produced its first rebar at its new steel mini mill in Osceola, Arkansas. The rebar was produced 22 months after Hybar broke ground on a ...
U.S. Steel's financial performance has been volatile, with 2024 seeing significant declines in revenue and profit, but a strategic shift towards mini-mills promises future stability. The company's ...
Pittsburgh-based United States Steel Corp. has reported first-quarter 2024 net earnings of $171 million, or 68 cents per diluted share, and adjusted net earnings of $206 million, or 82 cents per ...
U.S. Steel will make another big investment in a mini-mill as it continues to pour resources into the south.