5 Biggest Steel Companies in the US

This article discusses the 5 Biggest Steel Companies in the US. If you want to get detailed analysis on the global steel industry, you can head on to 15 Biggest Steel Companies in the US.

5. United States Steel Corporation (NYSE:X)

Market Capitalization ($): 8.69 billion

So, United States Steel Corporation (NYSE:X), the big Pittsburgh steel player, is getting scooped up by Nippon Steel in a mega all-cash deal valued at around $14.1 billion. When you add in the debt, we’re looking at a grand total of about $14.9 billion. This move is going to make the new team one of the top steel producers globally, based on 2022 numbers from the World Steel Association. United States Steel Corporation (NYSE:X) will still keep its name and home in Pittsburgh, the place where it all started back in 1901 with J.P. Morgan and Andrew Carnegie.