United States Steel (BUE:X) Construction In Progress : ARS1,397,431 Mil (As of Dec. 2023)

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What is United States Steel Construction In Progress?

United States Steel's quarterly construction in progress stayed the same from Jun. 2023 (ARS0 Mil) to Sep. 2023 (ARS0 Mil) but then increased from Sep. 2023 (ARS0 Mil) to Dec. 2023 (ARS1,397,431 Mil).

United States Steel's annual construction in progress increased from Dec. 2021 (ARS89,376 Mil) to Dec. 2022 (ARS414,095 Mil) and increased from Dec. 2022 (ARS414,095 Mil) to Dec. 2023 (ARS1,397,431 Mil).

United States Steel Construction In Progress Historical Data

The historical data trend for United States Steel's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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United States Steel Construction In Progress Chart

United States Steel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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49,791.41

49,885.94

89,376.15

414,095.49

1,397,431.00

United States Steel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															414,095.49	-	-	-	1,397,431.00

United States Steel Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

United States Steel (BUE:X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » United States Steel Corp (BUE:X) » Definitions » Construction In Progress

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Traded in Other Exchanges

X:USA X:Mexico 1USX1:Italy USX1:Germany X:Chile USSX34:Brazil

Address

600 Grant Street, Pittsburgh, PA, USA, 15219-2800

Website

https://www.ussteel.com

United States Steel Corp operates primarily in the United States but also has a steelmaking capacity in Slovakia. The company's operating segments include North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment includes U. S. Steel's integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It primarily serves North American customers in the service center, conversion, transportation, construction, container, and appliance, and electrical markets.