United States Steel Corporation - Specimen Stock Certificate

Specimen Stock. Printed by American Bank Note Company. United States Steel Corporation, commonly referred to as U.S. Steel, is an integrated steel manufacturer based in Pittsburgh, Pennsylvania. The company primarily operates within the United States and Central Europe, producing and marketing a variety of steel products, such as flat-rolled and tubular items, which serve diverse sectors including automotive, construction, consumer goods, electrical, industrial equipment, distribution, and energy. Additionally, U.S. Steel manages facilities for iron ore and coke production. In 2008, it ranked as the eighth-largest steel producer globally. By 2022, it had fallen to the 24th position worldwide, while remaining the second-largest steel producer in the United States, following Nucor Corporation. Although it was rebranded as USX Corporation in 1986, the company reverted to its original name, United States Steel, in 2001 after divesting its energy sector, which included Marathon Oil and other assets. In mid-December 2023, it was announced that U.S. Steel would be acquired by Nippon Steel, Japan's largest steel manufacturer, for $14.1 billion, pending regulatory and shareholder approval. This acquisition would maintain the U.S. Steel name and its Pittsburgh headquarters. However, it faced opposition from the United Steelworkers, the Trump campaign, and the Biden administration, which, as of September 2024, was still intent on preventing the acquisition.