Us Steel Granite City Works News

As the primary flat roll supplier of the.

Us steel granite city works news.

Located in the st. Us steel gave a tour of granite city works in granite city il in southern illinois near st. Granite city has seen its fair share of layoffs in the past two decades. Steel coils sit outside at the u s.

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. In november 2019 us steel laid off an undisclosed number of non union employees at its granite city facility citing challenging market conditions. 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. Louis public radio in 2008 u s.

Steel granite city works facility in granite city ill. However a much smaller number is expected to be. It does not exist or has moved. Granite city u s.

Daniel acker bloomberg news ensure you have all the info you need in these unprecedented times. Granite city works has an annual raw steelmaking capacity of 2 8 million tons. 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. Steel on friday reported it plans to lay off several thousand employees nationwide including about 700 at granite city works.

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. Louis mo as it starts blasts furnaces up again and brings 800 jobs back after.