U.S. Steel: 2024 Is the Target
United States Steel (NYSE: X) is an iconic name in the steel industry, with a history that dates back to 1901. It wouldn't be an overstatement to say that the company helped to build the America we know today.
However, that history has long been a weight on the company. Management is trying to change that, and 2024 will be an important year in the process.
Few companies have the kind of history that U.S. Steel has, but a lot has changed since 1901. One of the more important shifts has been the advent and growth of electric arc mini-mills, an industry development of which U.S. Steel hasn't taken full advantage.
Source Fool.com
