U.S. Steel (X) Shares Drop 10% Following Presidential CommentsUnited States Steel Corporation (NYSE: NYSE:X ) shares dropped sharply after remarks from former President Donald Trump. He opposed the company's potential sale to Japan's Nippon Steel. Trump said he admired Japan but opposed the sale of an iconic American steel company.
He described U.S. Steel
Key facts today
President Biden blocked a deal involving United States Steel Corporation in January 2024 over national security. Lawsuits from Nippon Steel and U.S. Steel claim political bias in the review process.
Morgan Stanley has reduced its price target for United States Steel Corporation from $43 to $35 while maintaining an equal-weight rating on the stock.
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1.71 USD
384.00 M USD
15.63 B USD
222.61 M
About United States Steel Corporation
Sector
Industry
CEO
David B. Burritt
Website
Headquarters
Pittsburgh
Founded
1901
FIGI
BBG000BX3TD3
United States Steel Corp. engages in the manufacturing and selling of steel products. It operates through the following segments: Flat-Rolled Products, Mini Mill, U.S. Steel Europe, and Tubular Products. The Flat-Rolled Products segment includes managing steel plants and production facilities that manufacture slabs, rounds, strip mill plates, sheets, tin mill, iron ore, pellets, pig iron, and coke. The Mini Mill segment produces hot and cold-rolled, coated sheets and electrical steels. The U.S. Steel Europe segment involves the production and marketing of sells slabs, strip mill plate, sheet, tin mill products, and spiral welded pipe. The Tubular Products segment manufactures and trades seamless and electric resistance welded steel casing and tubing, line pipe, and mechanical tubing. The company was founded in 1901 and is headquartered in Pittsburgh, PA.
USA Steel IH&S benefits due to tarifs 90% move? IH&S on back of Trumps tariffs last time it did really well under tariffs
Plenty of room to over perform and go much higher back to ATH?
Assuming the bear does not turn up right about now. Or maybe thats why this target seems low to us now but will be a nice protected move later on with hindsigh
I'm watching 38.12 as Resistance...I laid out some supporting evidence that I currently see, looking at the chart of NYSE:X
This has been consolidating for a couple of weeks leading up to its' earnings report and 38.12 has positioned itself as a long term supply zone. It looks as if it's going to take a ride down the roller coast
X to $35My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39)
Stochastic Momentum Index (SMI) at oversol
The $X your mum warns you aboutKey Stats
Dividend Yield: 0.66% (Not exactly a retirement dream here)
Market Cap: $6.79B
Next Earnings Date: January 30, 2025
Technical Reasons for Decline
1️⃣ Head and Shoulders Breakdown: X recently completed a textbook head-and-shoulders pattern, breaking below $26.50 support with high
Opening (IRA): X January 17th 33 Covered Call... for a 30.36 debit.
Comments: High IVR/IV at 99.4/105.2. Selling the -75 delta call against long stock to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call.
Metrics:
Buying Power Effect/Break Even: 30.36
Max Profit: 2.64
ROC at Max: 8.70%
50% M
U.S Steel's $14.9 Bln Merger with Nippon Faces White House BlockOverview:
U.S. Steel’s proposed $14.9 billion merger with Nippon Steel is facing a major roadblock as President Joe Biden is reportedly set to block the bid, citing national security concerns. This development follows intense scrutiny from the White House, labor unions, and bipartisan political oppo
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
X5128130
United States Steel Corporation 6.875% 01-MAR-2029Yield to maturity
7.29%
Maturity date
Mar 1, 2029
X5074850
United States Steel Corporation 5.0% 01-NOV-2026Yield to maturity
−43.56%
Maturity date
Nov 1, 2026
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Frequently Asked Questions
The current price of X is 40.91 USD — it has increased by 2.12% in the past 24 hours. Watch United States Steel Corporation stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange United States Steel Corporation stocks are traded under the ticker X.
X stock has risen by 9.04% compared to the previous week, the month change is a 8.08% rise, over the last year United States Steel Corporation has showed a −3.81% decrease.
We've gathered analysts' opinions on United States Steel Corporation future price: according to them, X price has a max estimate of 48.00 USD and a min estimate of 35.00 USD. Watch X chart and read a more detailed United States Steel Corporation stock forecast: see what analysts think of United States Steel Corporation and suggest that you do with its stocks.
X stock is 5.28% volatile and has beta coefficient of 1.32. Track United States Steel Corporation stock price on the chart and check out the list of the most volatile stocks — is United States Steel Corporation there?
Today United States Steel Corporation has the market capitalization of 9.26 B, it has increased by 5.53% over the last week.
Yes, you can track United States Steel Corporation financials in yearly and quarterly reports right on TradingView.
United States Steel Corporation is going to release the next earnings report on Apr 24, 2025. Keep track of upcoming events with our Earnings Calendar.
X earnings for the last quarter are −0.13 USD per share, whereas the estimation was −0.09 USD resulting in a −49.84% surprise. The estimated earnings for the next quarter are −0.49 USD per share. See more details about United States Steel Corporation earnings.
United States Steel Corporation revenue for the last quarter amounts to 3.51 B USD, despite the estimated figure of 3.54 B USD. In the next quarter, revenue is expected to reach 3.63 B USD.
X net income for the last quarter is −89.00 M USD, while the quarter before that showed 119.00 M USD of net income which accounts for −174.79% change. Track more United States Steel Corporation financial stats to get the full picture.
Yes, X dividends are paid quarterly. The last dividend per share was 0.05 USD. As of today, Dividend Yield (TTM)% is 0.49%. Tracking United States Steel Corporation dividends might help you take more informed decisions.
United States Steel Corporation dividend yield was 0.59% in 2024, and payout ratio reached 12.80%. The year before the numbers were 0.41% and 5.62% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 15, 2025, the company has 22.05 K employees. See our rating of the largest employees — is United States Steel Corporation on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. United States Steel Corporation EBITDA is 1.12 B USD, and current EBITDA margin is 6.99%. See more stats in United States Steel Corporation financial statements.
Like other stocks, X shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade United States Steel Corporation stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So United States Steel Corporation technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating United States Steel Corporation stock shows the buy signal. See more of United States Steel Corporation technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.