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	5	+= Summary =
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	7	+* United States Steel Corporation (U. S. Steel) was established in 1901 and currently is 24th largest steel-maker in the world.{{footnote}}https://worldsteel.org/steel-topics/statistics/top-producers/{{/footnote}}
	8	+* The company has approximately 24,540 employees as of December 31, 2021.
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	10	+United States Steel Corporation reported net sales of $4,338 million for the 4th quarter of 2022, which was $5,622 million for the same period a year earlier. Net earnings for fourth quarter of 2022 is $174 million.
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8	8	= Brief Company Overview =
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38	38	The revenue of the company went down because of a lower average realized price per ton of its products. For example, the company has realized $1,086 net per ton of its products of flat-rolled segment for the fourth quarter of 2022, which was $1,432 net per ton for the same period a year before. The comparison is $786 to $1,490 for mini mill segment; $957 to $1,075 for U. S. Steel Europe segment for the same period. However, the company has realized average price of $3,616 for Tubular products, which was $1,968 for the earlier year. But this segment constitute only 4.11% of total shipments of the company. The company has shipped lower quantity of its products for the fourth quarter of 2022 as well. It has shipped 3,369 thousand tons of steel in total for this period, and 3,746 for the previous.
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40		-== Annual Performance Highlights, 2021 ==
	48	+== Annual Performance Highlights, 2022 ==
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42	42	Revenue is generated primarily from contracts to produce, ship and deliver steel products, and to a lesser extent, raw materials sales such as iron ore pellets and coke by-products and rail road services. Net sales for the twelve months ended December 31, 2022 compared to the same period in 2021 were $21,065 million and $20,275 million, respectively. For the Flat-Rolled segment the increase in sales primarily resulted from higher average realized prices ($89 per ton) primarily from higher value-added products, partially offset by decreased shipments (645 thousand tons) across most products. For the Mini Mill segment the decrease in sales primarily resulted from lower average realized prices ($180 per ton) primarily from lower value-added products partially offset by increased shipments (57 thousand tons), including the partial period of the Company's controlling interest in Big River Steel in January of 2021. For the USSE segment the consistent sales primarily resulted from higher average realized prices ($124 per net ton) across most products, offset by decreased shipments (543 thousand tons) across most products. For the Tubular segment the increase in sales primarily resulted from higher average realized prices ($1,282 per net ton) and increased shipments (79 thousand tons). Earnings before interest and taxes of the company is reported $3,160 million in 2022, down from a profit of $4,946 in 2021. Net income of the company is reported to be $2,524 million, down from a profit of $4,174 million a year earlier. Basic Earnings per share (EPS) of the company during 2022 is $10.22, which was $15.77 a year earlier. Quarterly dividends were declared by U. S. Steel in 2022 in the amount of five cents per share. Quarterly dividends on common stock were one cent per share in the first, second and third quarters and five cents per share in the fourth quarter in 2021.
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141	141	|(% style="width:119px" %)2020|(% style="width:435px" %)Acquires Remaining 50% Ownership Interest in USS-POSCO Industries (UPI).
142	142	|(% style="width:119px" %)2020|(% style="width:435px" %)Buys remaining 50.1% stake in Big River Steel LLC for $774 million.
143	143	|(% style="width:119px" %)2021|(% style="width:435px" %)Abandons $1.1 billion investment project in the Mon Valley; Sells Transtar LLC to Fortress Transportation and Infrastructure Investors LLC; Executes MOU With Equinor for Hydrogen and CCS; Commences site selection process for new 3 mt flat-rolled minimill in USA.
144		-|(% style="width:119px" %)2022|(% style="width:435px" %)Pays $1.5 million fine for pollution violations at Edgar Thomson Works.
	152	+|(% style="width:119px" %)2022|(% style="width:435px" %)Pays $1.5 million fine for pollution violations at Edgar Thomson Works. Edgar Thomson is a steelmaking unit at the Mon Valley Works. The $1.5m fine arose for alleged environmental violations, including apparent failures to properly maintain pollution control equipment.
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146	146	= Recent Developments =
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	156	+* United States Steel Corporation announced on February 02, 2023 that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock.
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