United States Steel

Pittsburgh, United States Founded: 1901 • Age: 125 yrs Acquired By Nippon Steel
Steel and iron ore products are manufactured for industrial sectors.

About United States Steel

United States Steel is a company based in Pittsburgh (United States) founded in 1901 was acquired by Nippon Steel in December 2023.. United States Steel has completed 2 acquisitions, including NanoSteel and USS-POSCO. United States Steel offers products and services including Advanced High-Strength Steel and Sustainable Steel.

  • Headquarter Pittsburgh, United States
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name United States Steel Corporation
Operational Areas
Industrial Goods & Manufacturing → Industrial Materials & Resources
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $350 K (USD), Post-IPO

    Dec 03, 2019

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    NanoSteel

    & 1 more

  • Acquired by
    Nippon Steel

    (Dec 18, 2023)

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Products & Services of United States Steel

United States Steel offers a comprehensive portfolio of products and services, including Advanced High-Strength Steel and Sustainable Steel. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Advanced high-strength steel is produced for automotive and construction uses to improve durability and efficiency.

Sustainable steel products are manufactured with a focus on recyclability and reduced environmental impact.

People of United States Steel
Headcount 10000+
Employee Profiles 206
Board Members and Advisors 10
Employee Profiles
People
David B. Burritt
President & CEO
People
Emily Chieng
Investor Relations Officer
People
Wendy Loggins
Director, Global Marketing Communications
People
Erin Dipietro
Senior Manager - Corporate Communications, Content Strategy

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Board Members and Advisors
people
Alicia J. Davis
Director
people
John J. Engel
Director
people
David S. Sutherland
Director
people
Terry L. Dunlap
Director

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Funding Insights of United States Steel

  • Total Funding
  • Total Rounds 5
  • Last Round Post-IPO — $350,000
  • First Round

    (25 Sep 2009)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2019 Amount Post-IPO - United States Steel Valuation

investors

Oct, 2019 Amount Debt – Conventional - United States Steel Valuation

investors

Oct, 2019 Amount Post-IPO - United States Steel Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in United States Steel

United States Steel has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Nippon Steel and FEMA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Federal emergency management and disaster response are coordinated nationwide.
Founded Year Domain Location
Steel bars, plates, and pipes are manufactured and supplied.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by United States Steel

United States Steel has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include NanoSteel and USS-POSCO. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Nanostructured steel coatings, additives, and alloys are developed and commercialized.
2002
Galvanized sheets, thin-gauge tinplate, and other steel products are manufactured.
1910
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - United States Steel

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

United States Steel Comparisons

Employees
+
Add Comparison
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Competitors of United States Steel

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on United States Steel

Frequently Asked Questions about United States Steel

When was United States Steel founded?

United States Steel was founded in 1901 and raised its 1st funding round 108 years after it was founded.

Where is United States Steel located?

United States Steel is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.

What does United States Steel do?

United States Steel was founded in 1901 and operates as an integrated steel producer headquartered in Pittsburgh, United States. Flat-rolled and tubular steel, along with iron ore, are supplied to automotive, appliance, container, industrial machinery, construction, and oil gas sectors. Worldwide operations are maintained, with 2022 revenues recorded at 20.29 billion and net profit at 1.84 billion.

What products or services does United States Steel offer?

United States Steel offers Advanced High-Strength Steel and Sustainable Steel.

How many acquisitions has United States Steel made?

United States Steel has made 2 acquisitions, including NanoSteel, and USS-POSCO.

Who are United States Steel's investors?

United States Steel has 2 investors. Key investors include Nippon Steel, and FEMA.

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