Report
Andrew Lane
EUR 147.86 For Business Accounts Only

U.S. Steel's management team has done an excellent job cutting costs.

U.S. steel stocks soared after the market opened on Nov. 9 after Donald Trump won the U.S. presidential election and the Republicans maintained control of the Senate and U.S. House of Representatives. Share prices for many steel stocks under our coverage rose more than 10% shortly after the market opened.
We are reassessing our forecasts for each company and expect to modestly raise our fair value estimates for U.S. steelmakers. However, our fair value adjustments will likely be of a lower magni...
Underlying
United States Steel Corporation

United States Steel is a steel producer of flat-rolled and tubular products with production operations in the United States and Europe. The company is also engaged in railroad services and real estate operations. The company's segments are: North American Flat-Rolled, which produces slabs, strip mill plates, sheets and tin mill products; U. S. Steel Europe, which produces and sells slabs, strip mill plate, sheet, tin mill products and spiral welded pipe, as well as heating radiators and refractory ceramic materials; and Tubular Products, which produces and sells electric resistance welded steel casing and tubing (known as oil country tubular goods), and standard and line pipe and mechanical tubing.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Lane

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