X Stock Recent News
X LATEST HEADLINES
The steel stocks in the basic materials sector have been benefactors of President Trump's steel and aluminum tariffs. However, U.S. Steel's 26.5% year-to-date (YTD) performance as of Mar 28, 2025, may be caused by more than just tariff benefits, especially when peers like Nucor Co. NYSE: NUE and Steel Dynamics Inc. NASDAQ: STLD are only up 4.5% and 8.7% YTD, as of Mar 28, 2025, respectively.
Get more equity coverage like this on the Stock Movers podcast from Bloomberg, featuring five-minute episodes on the winners and losers in the stock market. Subscribe here: https://link.podtrac.com/h0zn7xir • Lululemon (LULU) declined Friday morning after the yogawear brand delivered a disappointing outlook for the year and voiced concerns about consumer spending in the US.
United States Steel Corporation (NYSE:X) and Nippon Steel are once again in active discussions to push forward their $55-per-share acquisition deal, according to new reports. The Japanese steelmaker is considering billions in additional investment to address US political concerns, sources familiar with the talks told Semafor.
United States Steel X+0.05%, the materials producer whose takeover by Japanese rival Nippon Steel 5401-2.11% was blocked by former President Joe Biden, was surging early Friday after a report suggested the $14 billion deal could still be saved.
Nippon Steel and U.S. Steel are in active talks about a deal that would offer $55 per share to U.S. Steel, Semafor reporter Rohan Goswami said in a post on X.
The surge in U.S. steel prices, driven by tariffs, has created a favorable landscape for American steel producers like NUE, STLD and X.
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation ("U. S. Steel" or the “Company”) (NYSE: X) today issued a revised letter to stockholders, updating and correcting an error inadvertently included in the letter previously issued by the Company on March 24, 2025 (the “Initial Letter”). The Initial Letter included a sentence making allegations regarding a proxy contest previously run by Fred DiSanto, including incorrectly stating that this conduct resulted in a claim by the Securities a.
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) named its Volunteer of the Year along with 14 Service Champions for their community service in 2024 as part of the company's United by Service initiative. To honor the winners, U. S. Steel is donating $15,000 on behalf of the Volunteer of the Year and $5,000 on behalf of each of the 14 Service Champions – a total of $85,000 – to the charitable organization of each employee's choice. The United by Service init.
The US steel sector, once on the ropes from fierce global competition, is now riding a wave of trade protections and surging prices. But the boom might be short-lived, according to analysts at UBS.
Adjusted EBITDA of X for the quarter is projected to be around $125 million.