Oct. 14, 2015

U.S. Steel May Idle Granite City Works

As contentious contract talks continue with the United Steelworkers, U.S. Steel announced that it is considering the temporary idling of its Granite City Works steelmaking operations, plus most finishing operations at Granite City, Ill. Granite City is the primary flat-roll steel supplier to the company’s Lone Star Tubular Operations. U.S. Steel says it is trying to match production with customer demand.

The company routinely adjusts production at its operating facilities to reflect market fluctuations, executives say. Global market conditions, including fluctuating oil prices, reduced rig counts, depressed steel prices and imports, are creating challenging conditions at home. The company will be working closely with its customers and will continue to operate its steelmaking operations in Indiana, Michigan and Pennsylvania.

As part of the possible consolidation, 2,000 employees at Granite City Works have been issued notices under the Worker Adjustment and Retraining Notification Act.


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Monday, October 23, 2017