United States Steel Corporation, founded in 1901, is headquartered in Pittsburgh, Pennsylvania, and serves as one of the largest steel producers in the United States. The company primarily focuses on the production of flat-rolled and non-flat rolled steel products, catering to a diverse range of industries including automotive, construction, and energy.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| X 6.65% 2037-06-01 USDUnited States Steel Corp. | United States | 2037-06-01 | 6.650 | 5.95 |
| X 6.88% 2029-03-01 USDUnited States Steel Corp. | United States | 2029-03-01 | 6.875 | 6.56 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
United States Steel began issuing bonds in the early 20th century, with notable issuances contributing to its expansion efforts. A significant bond offering occurred in 2016, when the company raised $1 billion through 10-year notes, aimed at refinancing debt and funding capital expenditures. Currently, U.S. Steel's bond yields are competitive within the industry, with recent issues yielding between 5-6%, reflecting its credit positioning amid fluctuating market conditions. Investors may find interest in the callable features of their bonds, which provide flexibility amid changing interest rates.