SEWICKLEY, Pa.; August 23, 2023 – Esmark, Inc. confirmed today that it will not participate in the purchase process for U.S. Steel Corporation (NYSE:X) (“U.S. Steel”). Esmark had previously stated its intention to bid for, and negotiate a purchase with, U.S. Steel. Esmark respects the position of the United Steelworkers (USW) which is supporting Cleveland Cliff’s offer for U.S. Steel. Esmark maintains a solid working and personal relationship with the USW organization and its leadership. “The USW was our partner in the successful acquisition of Wheeling Pittsburgh Steel, and we remain close with them," said Jim Bouchard, Esmark, Inc., Chairman &...