HomeMarket NewsUS Steel Makes Heartless Decision to Halt Steelmaking Operations in Granite City,...

US Steel Makes Heartless Decision to Halt Steelmaking Operations in Granite City, Jeopardizing 1,000 Jobs

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large bowl of molten metal at a steel mill. Steel production.

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US Steel (NYSE:X) announced on Tuesday that it will indefinitely idle the last operating blast furnace at its Granite City Works in Illinois to β€œensure melt capacity is balanced with our order book.”

With one of the two blast furnaces for making steel already shut down at the facility, and the second being closed earlier this fall, US Steel (X) delivered a cruel blow to 1,000 employees – including 400 who have been on temporary layoff since October 1 – by informing them that the anticipated closure would extend beyond the initial six months, as reported by the St. Louis Post-Dispatch.

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