US Steel Corporation

US Steel Corporation The history of the creation and formation of US Steel Corporation. The history of the United States Steel Corporation began in 1901 in New Jersey. A number of well-known businessmen participated in its creation, including Andrew Carnegie, Elbert Gary, Charles Schwab and JP Morgan. Time codes: Carnegie founded the Carnegie Steel Company based in Pittsburgh, Pennsylvania and Gary founded the Federal Steel Company based in Chicago... 00:00 Foundation US Steel Corporation 00:27 First president 01:41 famous structures 02:52 Purchase of Tennessee Coal 03:15 Great Depression 04:03 The Second World War 04:38 Postwar years 06:17 Carl Icahn wins 07:39 Largest steel producer in the US 09:12 Separation of companies 10:12 Purchase of Lone Star Technologies 10:51 Company today