United States Steel Corporation (X) is an American steel producer based in Pittsburgh, Pennsylvania, that operates in the U.S. and Central Europe. I am neutral on United States Steel Corporation as its cheap-looking valuation multiples, discount to the average price target, and leading industry position are offset by the industry's unpredictability and Wall Street's neutral stance. Strengths U.S. Steel is the second-largest steel producer in the U.S. after Nucor Corporation (NUE) and the 38th largest in the world. Once, it was credited as the largest steel producer and corporation in the world with a market capitalization of $1.4 billion, making it the world's first billion-dollar company. Recent Results U.S.
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