United States Steel Announces Historic Partnership

United States Steel ( (X) ) just unveiled an update.

On June 13, 2025, United States Steel Corporation and Nippon Steel Corporation announced a historic partnership approved by President Trump, which aims to invest $11 billion in American steelmaking by 2028. This partnership, celebrated on May 30, 2025, is expected to protect and create over 100,000 jobs, and includes a national security agreement with the U.S. government, ensuring compliance with domestic production and trade commitments.

The most recent analyst rating on (X) stock is a Hold with a $39.00 price target. To see the full list of analyst forecasts on United States Steel stock, see the X Stock Forecast page.

Spark’s Take on X Stock

According to Spark, TipRanks’ AI Analyst, X is a Neutral.

U.S. Steel’s overall stock score is primarily impacted by its robust balance sheet, which is offset by operational inefficiencies and cash flow challenges. Technical indicators suggest caution due to potential overbought conditions, while the high P/E ratio raises valuation concerns. Additionally, legal uncertainties surrounding the blocked merger add further risks.

To see Spark’s full report on X stock, click here.

More about United States Steel

United States Steel Corporation is a prominent player in the steel industry, focusing on the production of steel and related products. The company is known for its significant contributions to the American steelmaking sector and has a market focus on enhancing domestic production capabilities.

Average Trading Volume: 8,733,917

Technical Sentiment Signal: Buy

Current Market Cap: $11.82B

Find detailed analytics on X stock on TipRanks’ Stock Analysis page.