United States Steel was formed in 1901 by the merger of Andrew Carnegie’s Carnegie Steel, Elbert H. Gary’s Federal Steel Company, and William Henry Moore’s National Steel Company.
At the time of merger, the new company became the world’s largest steel producer. During its first year, the company made 67% of all steel produced in the United States.
During World War II, production peaked at 340,000 employees and 35 million tons of steel manufactured each year.
Today U.S. Steel is the world’s 13th largest steel producer with an annual capacity of 29 million net tons of raw steel.
Customers are in the automotive, appliance, construction, oil and gas, and petrochemicals industries.
U.S. Steel trades publicly on the New York Stock Exchange under the symbol X, is a member of the S&P 500, is #211 in the Fortune 500, has 38,500 employees, and had $17.28 billion in revenue in 2013.