“At the beginning of November we embarked on another improvement initiative on our journey to be the best mill in Europe. As part of the future investments we are planning for USSK, we are also looking to modernize our “front office” systems and get the latest state-of-the-art Enterprise Resource Planning system (ERP) which will bring some digital and analytical capabilities to help us manage our business more efficiently, and allow us to make faster and better decisions,” says USSK President James Bruno, introducing the new project. “Edo Grečner will be our leader for this critical project, and he will be working with a talented team to find the best solution for our mill. This new system will require us all to improve the way we do our jobs, which will in the end ensure our future success in the rapidly-changing, competitive steel market. The reason for our changing the ERP system is to maintain our competitive advantage, which the Company plans to achieve by modifying our processes in line with best practices in our branch. At the same time it will bring in more modern information technologies which will correspond fully to our current requirements. The result of this will be more efficient and effective usage of our own resources and assets.”
United States Steel Corporation (NYSE: X) today provided second quarter 2024 adjusted net earnings per diluted share guidance of $0.76 to $0.80.