Transaction Benefits for Customers

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MOVING FORWARD TOGETHER AS THE BEST STEELMAKER WITH WORLD-LEADING CAPABILITIES … FOR OUR CUSTOMERS

Strategic Benefits: 3 Things to Know

Unlocks More for Customers Through Expanded Capabilities, Innovation and a Global Platform

Nippon Steel Corporation (NSC) and U. S. Steel will share their world-leading technologies and manufacturing capabilities to be at the forefront of innovation and digital transformation in steelmaking for the benefit of customers.
The transaction combines cutting-edge technologies across NSC and U. S. Steel to advance innovation and deliver high-grade steel products, such as electrical steel and automotive flat steel to customers around the world.
NSC’s technology and products will further advance the technical capabilities of U. S. Steel’s Mined, Melted and Made in America portfolio of products, better supporting the evolving demand of customers in the United States.

Commits to Maintaining Strong Customer and Stakeholder Relations

NSC will maintain the U. S. Steel brand, which will continue to deliver the same high-quality steels and reliability that U. S. Steel customers have come to expect.
NSC’s existing operations and technical expertise across 15 countries including the United States, the combined company will leverage its global platform and enhanced product offerings to better serve future customer needs.

Drives the Global Steel Industry Towards Decarbonization and a Sustainable World

NSC and U. S. Steel share a commitment to decarbonization and achieving our respective 2050 goals.
We also recognize that solving sustainability challenges is a fundamental pillar of a steelmaker’s existence and growth. That work includes delivering innovative steel solutions for people and the planet that support our customers’ decarbonization efforts.
A key area of collaboration post-transaction will be to continue to advance this goal and drive alternative technologies in decarbonization.

UNTIL TRANSACTION IS COMPLETE, IT IS BUSINESS AS USUAL

Team remains focused on safety and responsibly executing across all operations, while continuing to deliver for our customers.

Ensuring customers continue to receive best-in-class service is important to us.
Our primary objective remains providing customers with the differentiated, innovative and sustainable solutions they’ve come to expect from U. S. Steel.

Questions? Please contact your existing U. S. Steel commercial contact.

Q&A

Eiji Hashimoto

President, Nippon Steel Corporation

“We are excited that this transaction brings together two companies with world-leading technologies and manufacturing capabilities, demonstrating our mission to serve customers worldwide, as well as our commitment to building a more environmentally friendly society through the decarbonization of steel.”

David B. Burritt

President and Chief Executive Officer, U. S. Steel

“For customers, U. S. Steel and NSC create a truly global steel company with combined capabilities and innovation capable of meeting our customers’ evolving needs. Today’s announcement also benefits the United States – ensuring a competitive, domestic steel industry, while strengthening our presence globally. Our shared decarbonization focus is expected to enhance and accelerate our ability to provide customers with innovative steel solutions to meet sustainability goals.”