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US Steel to Lay Off Hundreds of Workers in Michigan

Steel News - Published on Tue, 20 Aug 2019

Image Source: CNBC
Reuters reported that United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks. In a Worker Adjustment and Retraining Notification filed on August 5, the Pittsburgh-based company said it expects to let go fewer than 200 workers following its decision to halt production at the Michigan facility. U.S. Steel said the lay-offs at the Michigan plant could last beyond six months. They will impact nearly every area of the facility, from blast furnace to finishing operations

In mid-June, the company said it would idle two blast furnaces at its Great lakes and Gary Works plants, citing lower steel prices and softening demand.

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Posted By : Sanju Moirangthem on Tue, 20 Aug 2019
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