U.S. Steel (X) Sees Q3 Adj-EBITDA of $2B

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United States Steel Corporation Provides Third Quarter 2021 Guidance and Deleveraging Update

September 16, 2021 4:34 PM EDT

PITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) today provided third quarter 2021 guidance. Third quarter 2021 adjusted EBITDA is expected to be approximately $2.0 billion. This compares to second quarter 2021 adjusted EBITDA of approximately $1.3 billion.

We expect the third quarter to be a quarter of records for U. S. Steel. Supported by strong reliability and quality performance, sustained customer demand, and continued increases in steel selling prices, we expect our Best for All business model to generate record quarterly adjusted EBITDA and EBITDA margins, demonstrating the power of our strategy, commented U. S. Steel... More