The Latest Breaking News from United States Steel Corporation

The steel industry is expected to witness increased demand thanks to the construction sector's revival and the easing of COVID-19 restrictions in China. Given the industry’s solid growth prospects, fundamentally sound steel stocks Nucor Corporation (NUE), United States Steel Corporation (X), and Reliance Steel & Aluminum Co. (RS) could be…

United States Steel (X) had reported stellar earnings in its last reported quarter. Although analysts expect its EPS to decline this year, the company is confident of reporting solid results on the back of growing demand and better selling prices. So, is it wise to buy the stock now? Read…

Despite prevailing worries about a prolonged Ukraine-Russia War disrupting the supply of steel globally, the government's initiatives to assist the domestic steel industry and robust steel demand could fuel the sector's growth. Therefore, we think it could be wise to invest in fundamentally sound steel stocks Steel Dynamics (STLD) and…

Last year’s Infrastructure Investment and Jobs Act (IIJA) will lead to billions of dollars being spent to rehabilitate the country’s creaking infrastructure. With the Biden administration mandating the use of iron and steel produced in the United States, the U.S. iron and steel industry will likely benefit. Given this backdrop,…

Commodity prices have been rallying since Russia commenced its invasion of Ukraine due to various commodity import sanctions levied against Russia by the West in response. As global supply chain disruptions worsen due to the war and a resurgence of COVID-19 cases in China, commodity markets are expected to remain…

United States Steel Corporation's (NYSE:X) short percent of float has fallen 19.07% since its last report. The company recently reported that it has 32.21 million shares sold short, which is 12.52% of all regular shares that are available for trading.

Natural gas prices were range bound for the better part of the last decade, oscillating between $2 and $4 per million British thermal units (MMBtu) with the occasional spike outside that tight range.

The basic materials industry is benefiting from the resumption of global industrial activities and rising commodity prices. Furthermore, major infrastructure spending implies solid growth opportunities for the industry in the coming months. Against this backdrop, fundamentally sound basic materials stocks Mosaic Company (MOS), United States Steel Corporation (X), and CVR…

United States Steel Corporation's (NYSE:X) short percent of float has fallen 11.5% since its last report. The company recently reported that it has 39.72 million shares sold short, which is 15.39% of all regular shares that are available for trading.