Stocks
United States Steel (X)
United States Steel Business Segments
United States Steel Corp (NYSE: X )
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Description of United States Steel's Business Segments
The Flat-rolled segment includes the operating results of U. S. Steel's domestic
integrated steel mills and equity investees involved in the production of sheet,
tin mill products and strip mill plate, as well as all domestic coke production
facilities. These operations are principally located in the United States and
primarily serve customers in the transportation (including automotive), appliance,
service center, conversion, container, and construction markets. Effective May
20, 2003, the Flat-rolled segment includes the operating results of Granite City
Works, Great Lakes Works, the Midwest Plant, ProCoil and U. S. Steel's equity
interest in Double G, which were acquired from National. In November 2003, U.
S. Steel disposed of the Gary Works plate mill.
The USSE segment includes the operating results of U. S. Steel Kosice (USSK),
U. S. Steel's integrated steel mill in Slovakia; and, effective September 12,
2003, USSB, U. S. Steel's facilities in Serbia. Prior to September 12, 2003,
this segment included the operating results of activities under facility management
and support agreements with Sartid. These agreements were terminated in conjunction
with the acquisition. USSE produces and sells sheet, strip mill plate, tin mill,
tubular, precision tube and specialty steel products. USSE primarily serves
customers in the central and western European construction, conversion, appliance,
transportation, service center, container, and oil, gas and petrochemical markets.
In June 2003, USSK sold its interest in Rannila Kosice s.r.o.
The Tubular segment includes the operating results of U. S. Steel's domestic
tubular production facilities and, prior to its sale in May 2003, included U.
S. Steel's interest in Delta Tubular Processing (Delta). These operations produce
and sell both seamless and electric resistance weld tubular products and primarily
serve customers in the oil, gas and petrochemical markets.
The Real Estate segment includes the operating results of U. S. Steel's mineral
interests that are not assigned to other operating units; and residential, commercial
and industrial real estate that is managed and developed for sale or lease.
U. S. Steel contributed timber cutting rights with an appraised value of $59'
million to its defined benefit pension plan. Prior to the coal seam gas sale
and the timber contribution, income generated from these assets was reported
in the Real Estate segment. U. S. Steel has entered into an agreement to sell
the remaining mineral interests administered by the Real Estate segment.
All other U. S. Steel businesses not included in reportable segments are reflected
in Other Businesses. These businesses are involved in the production and sale
of iron-bearing taconite pellets, transportation services, and engineering and
consulting services.
Composition of United States Steel Corp Revenues by
Segments
Flat-Rolled
58.73 %
of total Revenue
Mini Mill
16.82 %
of total Revenue
USSE
17.68 %
of total Revenue
Tubular
6.65 %
of total Revenue
Other
0.11 %
of total Revenue
Intersales
-2.84 %
of total Revenue
Intersales Total
2.84 %
of total Revenue
Intersales Flat-Rolled
1.37 %
of total Revenue
Intersales Mini Mill
1.29 %
of total Revenue
Intersales USSE
0.16 %
of total Revenue
Intersales Tubular
0.03 %
of total Revenue
Net sales Total
102.74 %
of total Revenue
Net sales Flat-Rolled
60.1 %
of total Revenue
Net sales Mini Mill
18.11 %
of total Revenue
Net sales USSE
17.84 %
of total Revenue
Net sales Tubular
6.68 %
of total Revenue
Consolidated Entities
100 %
of total Revenue
Semi-finished Consolidated Entities
1.21 %
of total Revenue
Hot-rolled sheets Consolidated Entities
29.33 %
of total Revenue
Cold-rolled sheets Consolidated Entities
25.95 %
of total Revenue
Coated sheets Consolidated Entities
31.58 %
of total Revenue
Tubular products Consolidated Entities
6.44 %
of total Revenue
All Other Consolidated Entities
5.5 %
of total Revenue
Flat-Rolled Consolidated Entities
58.73 %
of total Revenue
Flat-Rolled Semi-finished Consolidated Entities
0.4 %
of total Revenue
Flat-Rolled Hot-rolled sheets Consolidated Entities
11.78 %
of total Revenue
Flat-Rolled Cold-rolled sheets Consolidated Entities
22.81 %
of total Revenue
Flat-Rolled Coated sheets Consolidated Entities
19.18 %
of total Revenue
Flat-Rolled All Other Consolidated Entities
4.56 %
of total Revenue
Mini Mill Consolidated Entities
16.82 %
of total Revenue
Mini Mill Hot-rolled sheets Consolidated Entities
9.39 %
of total Revenue
Mini Mill Cold-rolled sheets Consolidated Entities
1.99 %
of total Revenue
Mini Mill Coated sheets Consolidated Entities
5.42 %
of total Revenue
Mini Mill All Other Consolidated Entities
0.03 %
of total Revenue
USSE Consolidated Entities
17.68 %
of total Revenue
USSE Semi-finished Consolidated Entities
0.43 %
of total Revenue
USSE Hot-rolled sheets Consolidated Entities
8.16 %
of total Revenue
USSE Cold-rolled sheets Consolidated Entities
1.15 %
of total Revenue
USSE Coated sheets Consolidated Entities
6.98 %
of total Revenue
USSE Tubular products Consolidated Entities
0.27 %
of total Revenue
USSE All Other Consolidated Entities
0.7 %
of total Revenue
Tubular Consolidated Entities
6.65 %
of total Revenue
Tubular Semi-finished Consolidated Entities
0.38 %
of total Revenue
Tubular Tubular products Consolidated Entities
6.17 %
of total Revenue
Tubular All Other Consolidated Entities
0.11 %
of total Revenue
Other Consolidated Entities
0.11 %
of total Revenue
Other All Other Consolidated Entities
0.11 %
of total Revenue
Q1 three months ended (Mar 31 2025)
Revenues by Business Segments
Revenues (in millions $)
%
(of total Revenues)
Flat-Rolled
2,189.00
58.73 %
Mini Mill
627.00
16.82 %
USSE
659.00
17.68 %
Tubular
248.00
6.65 %
Other
4.00
0.11 %
Intersales
-106.00
-2.84 %
Intersales Total
106.00
2.84 %
Intersales Flat-Rolled
51.00
1.37 %
Intersales Mini Mill
48.00
1.29 %
Intersales USSE
6.00
0.16 %
Intersales Tubular
1.00
0.03 %
Net sales Total
3,829.00
102.74 %
Net sales Flat-Rolled
2,240.00
60.1 %
Net sales Mini Mill
675.00
18.11 %
Net sales USSE
665.00
17.84 %
Net sales Tubular
249.00
6.68 %
Consolidated Entities
3,727.00
100 %
Semi-finished Consolidated Entities
45.00
1.21 %
Hot-rolled sheets Consolidated Entities
1,093.00
29.33 %
Cold-rolled sheets Consolidated Entities
967.00
25.95 %
Coated sheets Consolidated Entities
1,177.00
31.58 %
Tubular products Consolidated Entities
240.00
6.44 %
All Other Consolidated Entities
205.00
5.5 %
Flat-Rolled Consolidated Entities
2,189.00
58.73 %
Flat-Rolled Semi-finished Consolidated Entities
15.00
0.4 %
Flat-Rolled Hot-rolled sheets Consolidated Entities
439.00
11.78 %
Flat-Rolled Cold-rolled sheets Consolidated Entities
850.00
22.81 %
Flat-Rolled Coated sheets Consolidated Entities
715.00
19.18 %
Flat-Rolled All Other Consolidated Entities
170.00
4.56 %
Mini Mill Consolidated Entities
627.00
16.82 %
Mini Mill Hot-rolled sheets Consolidated Entities
350.00
9.39 %
Mini Mill Cold-rolled sheets Consolidated Entities
74.00
1.99 %
Mini Mill Coated sheets Consolidated Entities
202.00
5.42 %
Mini Mill All Other Consolidated Entities
1.00
0.03 %
USSE Consolidated Entities
659.00
17.68 %
USSE Semi-finished Consolidated Entities
16.00
0.43 %
USSE Hot-rolled sheets Consolidated Entities
304.00
8.16 %
USSE Cold-rolled sheets Consolidated Entities
43.00
1.15 %
USSE Coated sheets Consolidated Entities
260.00
6.98 %
USSE Tubular products Consolidated Entities
10.00
0.27 %
USSE All Other Consolidated Entities
26.00
0.7 %
Tubular Consolidated Entities
248.00
6.65 %
Tubular Semi-finished Consolidated Entities
14.00
0.38 %
Tubular Tubular products Consolidated Entities
230.00
6.17 %
Tubular All Other Consolidated Entities
4.00
0.11 %
Other Consolidated Entities
4.00
0.11 %
Other All Other Consolidated Entities
4.00
0.11 %
Total
3,727.00
100 %
Q1 three months ended (Mar 31 2025)
Revenue Growth rates by Segment
Y/Y Revenue %
Q/Q Revenue %
Flat-Rolled
-8.45 %
-
Mini Mill
8.48 %
-
USSE
-28.21 %
-
Tubular
-8.49 %
-
Other
100 %
-
Intersales
-
-
Intersales Total
-46.46 %
-
Intersales Flat-Rolled
-17.74 %
-
Intersales Mini Mill
-61.6 %
-
Intersales USSE
-14.29 %
-
Intersales Tubular
-75 %
-
Net sales Total
-12.1 %
-
Net sales Flat-Rolled
-8.68 %
-
Net sales Mini Mill
-3.98 %
-
Net sales USSE
-28.11 %
-
Net sales Tubular
-9.45 %
-
Consolidated Entities
-10.41 %
-
Semi-finished Consolidated Entities
-15.09 %
-
Hot-rolled sheets Consolidated Entities
-14.68 %
-
Cold-rolled sheets Consolidated Entities
-13.66 %
-
Coated sheets Consolidated Entities
-3.92 %
-
Tubular products Consolidated Entities
-14.29 %
-
All Other Consolidated Entities
1.99 %
-
Flat-Rolled Consolidated Entities
-8.45 %
-
Flat-Rolled Semi-finished Consolidated Entities
-46.43 %
-
Flat-Rolled Hot-rolled sheets Consolidated Entities
-10.77 %
-
Flat-Rolled Cold-rolled sheets Consolidated Entities
-10.05 %
-
Flat-Rolled Coated sheets Consolidated Entities
-5.92 %
-
Flat-Rolled All Other Consolidated Entities
2.41 %
-
Mini Mill Consolidated Entities
8.48 %
-
Mini Mill Hot-rolled sheets Consolidated Entities
11.46 %
-
Mini Mill Cold-rolled sheets Consolidated Entities
-24.49 %
-
Mini Mill Coated sheets Consolidated Entities
22.42 %
-
Mini Mill All Other Consolidated Entities
0 %
-
USSE Consolidated Entities
-28.21 %
-
USSE Semi-finished Consolidated Entities
-36 %
-
USSE Hot-rolled sheets Consolidated Entities
-36 %
-
USSE Cold-rolled sheets Consolidated Entities
-44.16 %
-
USSE Coated sheets Consolidated Entities
-13.33 %
-
USSE Tubular products Consolidated Entities
-16.67 %
-
USSE All Other Consolidated Entities
-10.34 %
-
Tubular Consolidated Entities
-8.49 %
-
Tubular Semi-finished Consolidated Entities
-
-
Tubular Tubular products Consolidated Entities
-14.18 %
-
Tubular All Other Consolidated Entities
33.33 %
-
Other Consolidated Entities
100 %
-
Other All Other Consolidated Entities
100 %
-
Total
-
-
Q1 three months ended (Mar 31 2025)
Income by Business Segments
Income (in millions $)
% (Profit Margin)
Total
-116.00
-
Q1 three months ended (Mar 31 2025)
Income Growth rates by Segment
Y/Y Income %
Q/Q Income %
Total
-
-
Annual Report on United States Steel Corp Divisions, Sales by Country
Flat-Rolled
61.41 %
of total Revenue
Mini Mill
13.24 %
of total Revenue
USSE
19.07 %
of total Revenue
Tubular
6.2 %
of total Revenue
Intersales
-3.77 %
of total Revenue
Intersales Total
3.77 %
of total Revenue
Intersales Flat-Rolled
1.35 %
of total Revenue
Intersales Mini Mill
2.22 %
of total Revenue
Intersales USSE
0.15 %
of total Revenue
Intersales Tubular
0.04 %
of total Revenue
Net sales Total
103.68 %
of total Revenue
Net sales Flat-Rolled
62.76 %
of total Revenue
Net sales Mini Mill
15.45 %
of total Revenue
Net sales USSE
19.23 %
of total Revenue
Net sales Tubular
6.25 %
of total Revenue
Other Segment
0.08 %
of total Revenue
North America
80.93 %
of total Revenue
Europe
19.07 %
of total Revenue
Semi-finished
1.26 %
of total Revenue
Hot-rolled sheets
26.04 %
of total Revenue
Cold-rolled sheets
26.98 %
of total Revenue
Coated sheets
29.74 %
of total Revenue
Tubular products
6.16 %
of total Revenue
All other a
9.81 %
of total Revenue
Flat-Rolled Semi-finished
0.54 %
of total Revenue
Flat-Rolled Hot-rolled sheets
10.01 %
of total Revenue
Flat-Rolled Cold-rolled sheets
23.43 %
of total Revenue
Flat-Rolled Coated sheets
18.54 %
of total Revenue
Flat-Rolled All other a
8.89 %
of total Revenue
Mini Mill Hot-rolled sheets
6.64 %
of total Revenue
Mini Mill Cold-rolled sheets
2.08 %
of total Revenue
Mini Mill Coated sheets
4.48 %
of total Revenue
Mini Mill All other a
0.03 %
of total Revenue
USSE Semi-finished
0.5 %
of total Revenue
USSE Hot-rolled sheets
9.39 %
of total Revenue
USSE Cold-rolled sheets
1.46 %
of total Revenue
USSE Coated sheets
6.73 %
of total Revenue
USSE Tubular products
0.33 %
of total Revenue
USSE All other a
0.67 %
of total Revenue
Tubular Semi-finished
0.22 %
of total Revenue
Tubular Tubular products
5.84 %
of total Revenue
Tubular All other a
0.14 %
of total Revenue
Other All other a
0.08 %
of total Revenue
Twelve months ended 2024
X s Annual Revenue by Geography and Business Segments
Sales (in millions $)
% (of total Sales)
Flat-Rolled
9,604.00
61.41 %
Mini Mill
2,070.00
13.24 %
USSE
2,983.00
19.07 %
Tubular
970.00
6.2 %
Intersales
-589.00
-3.77 %
Intersales Total
589.00
3.77 %
Intersales Flat-Rolled
211.00
1.35 %
Intersales Mini Mill
347.00
2.22 %
Intersales USSE
24.00
0.15 %
Intersales Tubular
7.00
0.04 %
Net sales Total
16,216.00
103.68 %
Net sales Flat-Rolled
9,815.00
62.76 %
Net sales Mini Mill
2,417.00
15.45 %
Net sales USSE
3,007.00
19.23 %
Net sales Tubular
977.00
6.25 %
Total
15,640.00
100 %
Other Segment
13.00
0.08 %
North America
12,657.00
80.93 %
Europe
2,983.00
19.07 %
Semi-finished
197.00
1.26 %
Hot-rolled sheets
4,073.00
26.04 %
Cold-rolled sheets
4,219.00
26.98 %
Coated sheets
4,652.00
29.74 %
Tubular products
964.00
6.16 %
All other a
1,535.00
9.81 %
Flat-Rolled Semi-finished
84.00
0.54 %
Flat-Rolled Hot-rolled sheets
1,566.00
10.01 %
Flat-Rolled Cold-rolled sheets
3,665.00
23.43 %
Flat-Rolled Coated sheets
2,899.00
18.54 %
Flat-Rolled All other a
1,390.00
8.89 %
Mini Mill Hot-rolled sheets
1,039.00
6.64 %
Mini Mill Cold-rolled sheets
325.00
2.08 %
Mini Mill Coated sheets
701.00
4.48 %
Mini Mill All other a
5.00
0.03 %
USSE Semi-finished
78.00
0.5 %
USSE Hot-rolled sheets
1,468.00
9.39 %
USSE Cold-rolled sheets
229.00
1.46 %
USSE Coated sheets
1,052.00
6.73 %
USSE Tubular products
51.00
0.33 %
USSE All other a
105.00
0.67 %
Tubular Semi-finished
35.00
0.22 %
Tubular Tubular products
913.00
5.84 %
Tubular All other a
22.00
0.14 %
Other All other a
13.00
0.08 %
Twelve months ended 2024
X s Annual Income by Country and Business Segments
Income (in millions $)
% (Profit Margin)
Total
384.00
2.46 %
Twelve months ended 2024
Annual Revenue and Income Growth by Country and Business Segments
% Y/Y Sales Growth
% Y/Y Income Growth
Flat-Rolled
-10.61 %
-
Mini Mill
-6.88 %
-
USSE
-15.38 %
-
Tubular
-37.46 %
-
Intersales
-
-
Intersales Total
-30.38 %
-
Intersales Flat-Rolled
-42.19 %
-
Intersales Mini Mill
-23.74 %
-
Intersales USSE
-4 %
-
Intersales Tubular
600 %
-
Net sales Total
-14.15 %
-
Net sales Flat-Rolled
-11.65 %
-
Net sales Mini Mill
-9.75 %
-
Net sales USSE
-15.3 %
-
Net sales Tubular
-37.05 %
-
Other Segment
30 %
-
North America
-12.88 %
-
Europe
-15.38 %
-
Semi-finished
-51.95 %
-
Hot-rolled sheets
-14.76 %
-
Cold-rolled sheets
0.4 %
-
Coated sheets
-13.87 %
-
Tubular products
-38.99 %
-
All other a
-8.74 %
-
Flat-Rolled Semi-finished
-65.29 %
-
Flat-Rolled Hot-rolled sheets
-18.69 %
-
Flat-Rolled Cold-rolled sheets
2.72 %
-
Flat-Rolled Coated sheets
-16.79 %
-
Flat-Rolled All other a
-8.79 %
-
Mini Mill Hot-rolled sheets
-14.49 %
-
Mini Mill Cold-rolled sheets
-10.96 %
-
Mini Mill Coated sheets
9.7 %
-
Mini Mill All other a
25 %
-
USSE Semi-finished
-53.57 %
-
USSE Hot-rolled sheets
-10.32 %
-
USSE Cold-rolled sheets
-14.87 %
-
USSE Coated sheets
-17.68 %
-
USSE Tubular products
-1.92 %
-
USSE All other a
-13.22 %
-
Tubular Tubular products
-40.25 %
-
Tubular All other a
-4.35 %
-
Other All other a
30 %
-