Why Is U. S. Steel Stock Surging?
1. U.S. Steel's stock surged 50% this year, outperforming the S&P 500. 2. Nippon Steel plans to invest $4 billion, creating 70,000 jobs. 3. Revenue increased 2.5%, but earnings per share worsened to -$0.52. 4. Adjusted EBITDA declined 33% due to lower prices and energy costs. 5. New partnership positions U.S. Steel as third-largest steel producer.