United States Steel’s Revenue by End-Market (2021-2022)

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About

This statistic highlights United States Steel’s Revenue by End-Market, split across Appliance, Construction, Containers, Further Conversions, Service Centers, and Transportation, reported on a quarterly basis from Q1 2021 onwards.
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This statistic highlights United States Steel’s Revenue by End-Market, split across Appliance, Construction, Containers, Further Conversions, Service Centers, and Transportation, reported on a quarterly basis from Q1 2021 onwards.

United States Steel’s Revenue by End-Market

The following table shows United States Steel’s Revenue by End-Market for Q1 2021.

End-Market Q1 2021 Contribution in Q1 2021
Service centers 1,919.64 51%
Construction 903.36 24%
Further conversions 677.52 18%
Appliance / Electrical 188.20 5%
Containers / Packaging 37.64 1%
Transportation / Auto 37.64 1%
Total 3,764.00 100%

(All figures in millions)

The total revenue by the End Market for the company is $3,764 million as of Q1 2021 majority of which is earned through the service centers that contribute 51% of the revenue by generating $1,919 million. Followed by Construction which generates $903.36 million which is 24% of the total revenue generated.

The company operates primarily for North American customers in the automotive, construction, container, appliance, transportation, and service center markets through its segments that are:

Flat-Rolled

This includes the operating results of the company’s integrated steel plants and the equity investors in North America that are involved in manufacturing slabs, strip mill plates, tin mill products, and steel sheets. Ire ore and coke are also manufactured in the United States.

Mini Mill

This includes the operating results of the company’s Big River Steel facility based in North America and a new mill under construction in Osceola, Arkansas. This segment manufactures hot-rolled, cold-rolled, and coated electricals and steel sheets.

European Operations

This includes the operating results of the company’s integrated steel plant and coke manufacturing facilities in Slovakia and its subsidiaries. The company conducts its business mainly in Central and Western Europe and mainly serves customers in the European transportation (involves automotive), container, construction, appliance, service center, electrical, conversions, and oil and petrochemical markets. This segment produces and sells slabs, sheets, strip mill plates, tin mill products, and spiral welded pipe.

About the Company

United States Steel Corporation is a steel producer with vertical integration that operates mostly in the United States and Central Europe. The Company was founded in March 1901 and is headquartered in Pittsburgh, Pennsylvania, United States. The common stock of the company is listed in New York Stock Exchange (NYSE) under the ticker symbol “X”.
The company focuses on providing sustainable and visionary steel solutions that serve customers and communities. It is named one of the most ethical companies for 2022 and is strategized to produce the best integrated and mini-mill steelmaking. The main objective of the company is to deliver next-generation steel that advances the company’s customer products and also become a part of the lower-carbon and more sustainable economy. United States Steel is a steel industry innovator for more than 120 years and is committed to steel manufacturing to a sustainable future. The company serves appliance, automotive, construction, and oil and gas industries.

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