It was capitalized at $1.4 billion ($45.6 billion today), making it the world's first billion-dollar corporation. Steel was the largest steel producer and largest corporation in the world. Gary's Federal Steel Company and William Henry 'Judge' Moore's National Steel Company for $492 million ($17.1 billion today). Steel on Ma(incorporated on February 25, 1901), by financing the merger of Andrew Carnegie's Carnegie Steel Company with Elbert H. Share of the United States Steel Corporation, issued December 30, 1924 Though renamed USX Corporation in 1986, the company was renamed United States Steel in 2001 after spinning off its energy business, including Marathon Oil, and other assets from its core steel concern. By 2018, the company was the world's 38th-largest steel producer and the second-largest in the United States behind Nucor Corporation. It was the 8th largest steel producer in the world in 2008. Operations also include iron ore and coke production facilities. The company produces and sells steel products, including flat-rolled and tubular products for customers in industries across automotive, construction, consumer, electrical, industrial equipment, distribution, and energy. Steel, is an American integrated steel producer headquartered in Pittsburgh, Pennsylvania, with production operations primarily in the United States of America and in Central Europe. United States Steel Corporation, more commonly known as U.S.

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