US Metal confirms important short-term enlargement of sustainability commitments at Ceres 2021

PITTSBURGH – (BUSINESS WIRE) – United States Steel Corporation (NYSE: X) today announced its increased commitment to sustainable practices and the launch of a new line of sustainable steel products, verdeX ™, in 2021. These commitments were confirmed during the company’s leadership presence at the sustainable steel panel of the Ceres 2021 conference: Transform Tomorrow Today.

The lead panelist for US Steel was Richard L. Fruehauf, Senior Vice President and Chief Strategy and Development Officer, who reiterated the company’s commitment to reducing greenhouse gas emissions. He also highlighted important technological advances and produced some of the most advanced high strength steels at the company’s LEED® certified Big River Steel subsidiary.

“We know the urgency of the climate crisis takes more of all of us,” said David B. Burritt, President and Chief Executive Officer of US Steel, in a special message posted at = yC3tt44YtOs can be viewed. “So we’re changing our portfolio of steelmaking technologies. Creating something new, steels that are best for our customers and best for our planet. Together we can build a sustainable future. ”

During the panel discussion, US Steel’s Senior Vice President and Chief Commercial Officer Kenneth E. Jaycox introduced the company’s new line of sustainable steel products, verdeX. US Steel is now able to produce some of the most advanced high strength steels with only a quarter of the carbon dioxide emissions previously required. The company is now working with customers to introduce US Steel’s verdeX line of sustainable steel so that they can bring more sustainable products to consumers. You can find information about verdeX here: Further details will be announced in the coming weeks at

United States Steel Corporation, founded in 1901, is a Fortune 250 company and a leading steel producer. Along with its subsidiary Big River Steel and an unwavering focus on safety, the company’s customer-centric Best of Both ™ strategy for integrated and mini mill technology is driving a safer, more sustainable future for US Steel and its stakeholders. With a renewed focus on innovation, US Steel serves the automotive, construction, appliance, energy, container and packaging industries with high value added steel products such as the high strength steel XG3 ™ developed by US Steel. The company also maintains competitive iron ore production and has an annual crude steel production capacity of 26.2 million net tonnes. US Steel is headquartered in Pittsburgh, Pennsylvania, and has world class operations in the United States and Central Europe. More information is available at

Forward-Looking Statements

This press release contains information that may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend that the forward-looking statements be covered by the safe harbor provisions for forward-looking statements in these sections. In general, we have identified such forward-looking statements as “believe”, “expect”, “intend”, “estimate”, “anticipate”, “project”, “aim”, “forecast”, “aim”, “should”, “will”, “may” and similar expressions or through the use of future data in connection with discussions about, among other things, operating performance, trends, events or developments that we anticipate or anticipate will change in the future with respect to the global offering and terms of demand and prices for our products, the integration of Big River Steel into our existing business, business strategies related to the combined business, and statements expressing general beliefs about future results of operations. However, the absence of these words or similar expressions does not mean that any statement is not forward-looking. Forward-looking statements are not historical facts but only represent the company’s beliefs about future events, many of which are inherently uncertain and beyond the control of the company. It is possible that the company’s actual results and financial condition could differ materially from the anticipated results and financial condition expressed in these forward-looking statements. Management believes that these forward-looking statements are appropriate at the point in time. However, care should be taken not to place undue reliance on such forward-looking statements, as such statements speak only as of the date they are made. The company undertakes no obligation to publicly update or revise any forward-looking statements as a result of new information, future events or for any other reason, except as required by law. In addition, forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the company’s historical experience and our current expectations or projections. These risks and uncertainties include, but are not limited to, those described in “Item 1A. Risk Factors ”in our Annual Report on Form 10-K for the year ended December 31, 2020 and those described from time to time in our future reports filed with the Securities and Exchange Commission.

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