Us Steel Granite City Works News

Daniel acker bloomberg news ensure you have all the info you need in these unprecedented times.

Us steel granite city works news.

Steel idled the mill laying off 2 000 workers and later reopening in 2009. However a much smaller number is expected to be. As the primary flat roll supplier of the. Louis mo as it starts blasts furnaces up again and brings 800 jobs back after.

Steel granite city works facility in granite city ill. In november 2019 us steel laid off an undisclosed number of non union employees at its granite city facility citing challenging market conditions. Located in the st. Steel on friday reported it plans to lay off several thousand employees nationwide including about 700 at granite city works.

Granite city has seen its fair share of layoffs in the past two decades. Granite city works has an annual raw steelmaking capacity of 2 8 million tons. Granite city u s. Louis area granite city works produces hot rolled cold rolled and coated sheet steel products to customers in the construction container piping and tubing service center and automotive industries.

Louis public radio in 2008 u s. United states steel s corporate stock had lost 75 percent of its value falling from the recent high of 48 in the beginning of 2018 to the 10 12 range in december and january of this year and. We re sorry the page you requested cannot be found. United states steel corporation announced that it will temporarily idle its granite city works steelmaking and finishing operations in granite city ill.

The two furnaces were idled from 2015 until 2018 as the section 232 steel tariffs were rolled out and helped push us hrc prices to near 10 year highs in the early parts of the third quarter. The company has already shut down one of its blast furnaces in granite city works in illinois and on march 30 it shut down production at its great lakes steel works on zug island in detroit.