Us Steel Granite City Works News

Steel on friday reported it plans to lay off several thousand employees nationwide including about 700 at granite city works.

Us steel granite city works news.

We re sorry the page you requested cannot be found. Us steel gave a tour of granite city works in granite city il in southern illinois near st. United states steel corporation announced that it will temporarily idle its granite city works steelmaking and finishing operations in granite city ill. 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.

Steel coils sit outside at the u s. In november 2019 us steel laid off an undisclosed number of non union employees at its granite city facility citing challenging market conditions. It does not exist or has moved. However a much smaller number is expected to be.

As the primary flat roll supplier of the. Granite city has seen its fair share of layoffs in the past two decades. 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. 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.

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. Daniel acker bloomberg news ensure you have all the info you need in these unprecedented times. Granite city u s. Louis public radio in 2008 u s.

Louis mo as it starts blasts furnaces up again and brings 800 jobs back after. Steel granite city works facility in granite city ill.