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Fitch Affirms U.S. Steel's IDR At 'BB-'; Outlook Stable

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Fitch Ratings said Wednesday that it has affirmed United States Steel Corp.'s (X) Issuer Default Rating and debt ratings at 'BB-'.

The Rating Outlook is Stable.

Fitch said the ratings reflect U.S. Steel's leading market positions in flat-rolled and tubular steel in the U.S., together with its high degree of control over its raw materials offset by the high fixed costs of integrated steel producers.

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