Strengthens companies’ ability to address growing demand for high-grade steel in the U.S. and globally
Combines world-leading technologies and manufacturing capabilities to be at the forefront of innovation and digital transformation in steelmaking
Honoring all collective bargaining agreements and recognizing the United Steelworkers as the bargaining representative for USW-represented employees
Positions NSC to deliver higher growth, enhanced profitability and long-term value
Provides certain and immediate value to U. S. Steel shareholders in all-cash transaction representing 40% premium
Maintains iconic U. S. Steel name, brand and HQ in Pittsburgh, PA
Drives the global steel industry towards decarbonization and a sustainable world
Clear path to completion in the second half of 2024