United States Steel Corporation Historical Segment Financial and Operational Data June 30, 2018

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1 August 1, 2018 Historical Segment Financial and Operational Data June 30, 2018 Table of Contents Page Investor Relations Contacts Sales, EBIT, Capital Expenditures and D,D&A 1 Dan Lesnak Flat-Rolled products segment - detail 2 General Manager - Investor Relations U. S. Steel Europe segment - detail 3 dtlesnak@uss.com Tubular products segment - detail 4 T: Reconciliation of free cash flow and liquidity 5 Kevin Lewis Director - Investor Relations klewis@uss.com T:

2 SEGMENT FINANCIAL DATA Year Year Year 1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr. Year 1st Qtr. 2nd Qtr. FINANCIAL ($Millions) Net Sales Flat-rolled products (a) (g) $12,895 $8,561 $7,532 $1,886 $2,243 $2,291 $2,071 $8,491 $2,103 $2,494 U. S. Steel Europe (b) 2,936 2,326 2, , Tubular products (c) 2, Other Businesses (d) Segment Sales $18,874 $11,950 $10,398 $2,789 $3,277 $3,320 $3,203 $12,589 $3,238 $3,717 Intersegment sales (g) (1,367) (376) (137) (64) (133) (72) (70) (339) (89) (108) Net Sales $17,507 $11,574 $10,261 $2,725 $3,144 $3,248 $3,133 $12,250 $3,149 $3,609 Earnings (Loss) Before Interest And Income Taxes (EBIT) Flat-rolled products (a) (e) (g) (i) $697 ($249) $11 ($88) $220 $161 $93 $386 $33 $224 U. S. Steel Europe (b) (i) Tubular products (c) (i) 257 (181) (303) (57) (29) (7) (6) (99) (27) (35) Other Businesses (d) (e) Segment EBIT $1,169 ($316) ($44) ($45) $255 $239 $209 $658 $127 $321 Other items not allocated to segments (648) (826) (157) (35) (47) (20) Total EBIT $521 ($1,142) ($201) ($80) $327 $260 $162 $669 $137 $301 Year Year Year 1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr. Year 1st Qtr. 2nd Qtr. Supplemental Data ($Millions) Capital Expenditures (f) Flat-rolled products (g) (h) $322 $280 $111 $25 $47 $134 $182 $388 $176 $142 U. S. Steel Europe Tubular products Other Businesses Total Capital Expenditures $480 $500 $306 $47 $73 $171 $214 $505 $208 $173 Depreciation Flat-rolled products (g) $457 $392 $349 $99 $81 $83 $89 $352 $90 $92 U. S. Steel Europe Tubular products Other Businesses Total Depreciation $627 $547 $507 $137 $121 $118 $125 $501 $128 $130 (a) Includes the domestic production and sale of flat-rolled steel mill products including semi finished, sheet, plate and tin mill products, the production and sale of iron ore (taconite pellets), and all domestic coke operations. (b) Includes the production and sale of steel mill products and coke from operations primarily located in the Slovak Republic ( Present). (c) Includes the domestic production and sale of seamless and electric resistance welded (ERW) tubular steel mill products. (d) Includes railway and barge transportation services; engineering and consulting services; real estate activities. (e) Amounts restated from 2007 to reflect current benefit expense allocation methodology. (f) Includes changes in accrued capital expenditures. (g) Includes U. S. Steel Canada from October 31, 2007 to September 15, (h) 2014 and 2015 amounts have been revised to correct a prior period error that resulted in an adjustment to capital expenditures. (i) EBIT and EBITDA amounts were adjusted due to the retrospective application of accounting standards update , "Compensation-Retirement Benefits" that was effective January 1, 2018.

3 FLAT-ROLLED PRODUCTS SEGMENT (a) ( in thousands of net tons, dollars in millions, except per ton data) 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2, Annual $90 $80 $70 $60 $50 $40 $30 $20 $10 4,000 3,500 3,000 2,500 2,000 1,500 1, Quarterly 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 $150 $50 ($50) () ($150) (b) Average Price EBIT (d) Depreciation EBITDA (d) EBITDA Calculated Cost Calculated Net Sales*** Capex Raw Steel Raw Steel / Ton / Ton / Ton* Sales** Production Utilization (c) Quarterly: 2Q ,527 $774 $27 $122 $149 $42 $766 $2,730 $3,262 $63 4,132 75% 3Q ,692 $777 $343 $115 $458 $124 $684 $2,869 $3,444 $74 4,675 86% 4Q ,015 $775 $243 $96 $339 $112 $695 $2,338 $2,859 $135 3,664 75% 1Q ,617 $768 ($70) $104 $34 $13 $795 $2,010 $2,297 $69 2,868 60% 2Q ,712 $695 ($67) $99 $32 $12 $720 $1,885 $2,194 $56 2,808 58% 3Q ,676 $674 ($21) $99 $78 $29 $682 $1,804 $2,142 $63 3,240 66% 4Q ,591 $642 ($91) $90 ($1) () $677 $1,663 $1,928 $84 2,421 57% 1Q ,498 $611 ($183) $91 ($92) ($37) $684 $1,526 $1,748 $46 2,779 66% 2Q ,692 $642 $9 $89 $98 $36 $639 $1,728 $1,926 $28 2,735 65% 3Q ,535 $718 $117 $87 $204 $80 $672 $1,820 $1,986 $23 2,734 64% 4Q ,369 $692 $68 $82 $150 $63 $663 $1,639 $1,873 $14 2,458 57% 1Q ,404 $719 ($88) $99 $11 $5 $756 $1,728 $1,886 $25 2,714 65% 2Q ,497 $742 $220 $81 $301 $121 $654 $1,853 $2,243 $47 2,711 64% 3Q ,544 $728 $161 $83 $244 $96 $665 $1,852 $2,291 $134 2,821 66% 4Q ,442 $717 $93 $89 $182 $75 $679 $1,751 $2,071 $182 2,575 60% 1Q ,534 $740 $33 $90 $123 $49 $727 $1,875 $2,103 $176 2,784 66% 2Q ,584 $819 $224 $92 $316 $122 $732 $2,116 $2,494 $142 2,841 67% Annual: ,908 $772 $697 $457 $1,154 $84 $721 $10,737 $12,895 $322 16,962 80% ,595 $695 ($249) $392 $143 $13 $719 $7,364 $8,561 $280 11,337 60% ,094 $666 $11 $349 $360 $36 $665 $6,723 $7,532 $111 10,706 63% ,887 $726 $386 $352 $738 $75 $687 $7,178 $8,491 $388 10,820 64% * Calculated Cost per ton is average price per ton minus EBIT per ton ** Calculated Sales represent revenues from the sale of steel products only and is calculated as shipments times average realized price per ton. *** Net Sales includes sales of steel, steel production by-products, coke and coke by-products, iron ore pellets, and intersegment sales. (a) Includes U. S. Steel Canada from October 31, 2007 to September 15, (b) Excludes intersegment transfers. (c) Between October 31, 2007 and December 31, 2013, annual raw steel capability was 24.3 million net tons. Between January 1, 2014 and September 15, 2014, annual raw steel capability was 22 million net tons. Between September 16, 2014 and September 30, 2015 annual raw steel capability was 19.4 million net tons. Starting October 1, 2015 annual raw steel capability is 17.0 million net tons. (d) EBIT and EBITDA amounts were adjusted due to the retrospective application of accounting standards update , "Compensation-Retirement Benefits" that was effective January 1, 2018.

4 U. S. STEEL EUROPE SEGMENT ( in thousands of net tons, dollars in millions, except per ton data) 4,700 4,600 4,500 4,400 4,300 4,200 4,100 4,000 3,900 Annual $90 $80 $70 $60 $50 $40 $30 $20 $10 1,400 1,200 1, Quarterly 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 $140 $120 $80 $60 $40 $20 (a) Average Price EBIT (c) Depreciation EBITDA (c) EBITDA Calculated Cost Calculated Net Sales*** Capex Raw Steel Raw Steel / Ton / Ton / Ton* Sales** Production Utilization (b) Quarterly: 2Q ,053 $691 $38 $25 $63 $60 $655 $728 $799 $17 1,223 98% 3Q $671 $29 $23 $52 $53 $642 $662 $688 $23 1,111 88% 4Q ,108 $600 $34 $23 $57 $51 $569 $665 $688 $16 1, % 1Q ,264 $530 $37 $20 $57 $45 $501 $670 $692 $21 1, % 2Q ,091 $533 $20 $20 $40 $37 $515 $582 $601 $24 1,200 96% 3Q ,020 $516 $18 $21 $39 $38 $498 $526 $547 $33 1,133 90% 4Q $477 $6 $20 $26 $26 $471 $468 $486 $32 1,054 84% 1Q ,004 $458 ($14) $19 $5 $5 $472 $460 $477 $29 1,152 92% 2Q ,125 $485 $55 $20 $75 $67 $436 $546 $566 $22 1, % 3Q ,105 $503 $81 $21 $102 $92 $430 $556 $576 $17 1, % 4Q ,261 $484 $63 $20 $83 $66 $434 $610 $628 $15 1, % 1Q ,109 $594 $87 $19 $106 $96 $516 $659 $686 $14 1, % 2Q ,157 $620 $55 $17 $72 $62 $572 $717 $752 $20 1, % 3Q ,067 $639 $73 $20 $93 $87 $571 $682 $711 $28 1,235 98% 4Q ,252 $634 $112 $20 $132 $105 $545 $794 $826 $21 1, % 1Q ,127 $707 $110 $20 $130 $115 $609 $797 $824 $21 1, % 2Q ,156 $707 $115 $21 $136 $118 $608 $817 $863 $17 1, % Annual: ,179 $667 $133 $95 $228 $55 $635 $2,787 $2,936 $74 4,788 96% ,357 $516 $81 $81 $162 $37 $497 $2,248 $2,326 $110 4,669 93% ,496 $483 $185 $80 $265 $59 $442 $2,171 $2,246 $83 4,967 99% ,585 $622 $327 $76 $403 $88 $551 $2,852 $2,974 $83 5, % * Calculated Cost per ton is average price per ton minus EBIT per ton ** Calculated Sales represent revenues from the sale of steel products only and is calculated as shipments times average realized price per ton. *** Net Sales includes sales of steel, steel production by-products, coke, and intersegment sales. (a) Excludes intersegment transfers. (b) Annual raw steel capability is 5.0 million net tons. (c) EBIT and EBITDA amounts were adjusted due to the retrospective application of accounting standards update , "Compensation-Retirement Benefits" that was effective January 1, 2018.

5 2,000 1,800 1,600 1,400 1,200 1, TUBULAR PRODUCTS SEGMENT ( in thousands of net tons, dollars in millions, except per ton data) Annual $300 $ $200 -$300 -$400 -$500 -$600 -$700 (a) Average Price EBIT (b) Depreciation EBITDA (b) EBITDA Calculated Cost Calculated Net Sales*** Capex / Ton / Ton / Ton* Sales** Quarterly: 2Q $1,479 $46 $16 $62 $138 $1,377 $664 $687 $31 3Q $1,567 $68 $17 $85 $199 $1,408 $671 $700 $13 4Q $1,625 $120 $17 $137 $306 $1,357 $728 $743 $16 1Q $1,637 $17 $17 $77 $1,637 $360 $371 $16 2Q $1,651 ($67) $17 ($50) ($544) $2,379 $152 $160 $24 3Q $1,264 ($50) $14 ($36) ($234) $1,589 $195 $199 $35 4Q $1,273 ($64) $16 ($48) ($378) $1,777 $162 $168 $27 1Q $1,180 ($63) $17 ($46) ($517) $1,888 $105 $108 $52 2Q $1,050 ($78) $17 ($61) ($871) $2,164 $74 $83 $18 3Q $1,049 ($75) $17 ($58) ($564) $1,777 $108 $114 $11 4Q $1,027 ($87) $17 ($70) ($507) $1,657 $142 $145 $7 1Q $1,097 ($57) $15 ($42) ($292) $1,493 $158 $171 $7 2Q $1,234 ($29) $13 ($16) ($89) $1,395 $222 $234 $4 3Q $1,433 ($7) $11 $4 $22 $1,471 $265 $276 $8 4Q $1,417 ($6) $12 $6 $34 $1,451 $254 $264 $9 1Q $1,387 ($27) $13 ($14) ($78) $1,538 $248 $266 $11 2Q $1,449 ($35) $12 ($23) ($114) $1,623 $291 $311 $13 Annual: ,744 $1,538 $257 $66 $323 $185 $1,390 $2,681 $2,774 $ $1,464 ($181) $64 ($117) ($197) $1,769 $868 $898 $ $1,071 ($303) $68 ($235) ($588) $1,829 $428 $450 $ $1,253 ($99) $51 ($48) ($70) $1,397 $862 $945 $28 * Calculated Cost per ton is average price per ton minus EBIT per ton ** Calculated Sales represent revenues from the sale of tubular products only and is calculated as shipments times average realized price per ton. *** Net Sales above includes sales of tubular products, tubular production by-products, and intersegment sales. (a) Excludes intersegment transfers. (b) EBIT and EBITDA amounts were adjusted due to the retrospective application of accounting standards update , "Compensation-Retirement Benefits" that was effective January 1, Quarterly 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 $400 $200 -$200 -$400 -$600 -$800 -$1,000

6 Reconciliation of Free Cash Flow and Liquidity Year Ended Year Ended Year Ended Year Ended Year to Date ($ Millions) 12/31/ /31/ /31/ /31/2017 6/30/2018 Free Cash Flow Cash provided by (used in) operating activities $1,558 $360 $731 $802 $293 Cash provided by (used in) investing activities (427) (510) (318) (389) (381) Dividends paid (29) (29) (31) (35) (18) Free Cash Flow (a) $1,102 ($179) $382 $378 ($106) As of As of As of As of As of ($ Millions) 12/31/ /31/ /31/ /31/2017 6/30/2018 Liquidity Cash and cash equivalents $1,354 $755 $1,515 $1,553 $1,231 Amount available under Receivables Purchase Agreement Amount available under Inventory Facility Amount available under Credit Facility (b) (c) 875 1,350 1,123 1,500 1,500 Amounts available under USSK credit facilities Amounts available under USSS credit facility Total Liquidity $3,082 $2,375 $2,899 $3,350 $3,021 (a) Includes U. S. Steel Canada from October 31, 2007 to September 15, (b) We show reduced availability in our credit facility when we do not meet the fixed charge coverage ratio covenant of at least 1.00 to (c) On July 27, 2015, the Company entered into a five-year Third Amended and Restated Credit Agreement replacing the Company's Amended Credit Agreement, and concurrently terminated the Receivables Purchase Agreement.