Steel Mills
More Layoffs at US Steel Gary Works
Written by Sandy Williams
March 15, 2015
US Steel has cut 83 more workers at Gary Works as it adjusts production to respond to market fluctuations.
The latest cuts are probationary employees at the Gary Works steel complex who have worked for the company six months or less. US Steel spokesperson Sarah Casella said the layoffs are permanent.
“The company routinely adjusts production at its operating facilities to reflect market fluctuations,” said US Steel in a statement. “These ongoing operational adjustments are a result of challenging market conditions that reflect the cyclical nature of the industry. Global influences in the market, including a high level of imports, unfairly traded products and reduced steel prices, continue to have an impact.”
Nearly 4000 US Steel job cuts have been announced so far in 2015, ranging across operations in Ohio, Texas, Minnesota, Illinois, Alabama, and Indiana.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
BREAKING NEWS: Trump approves $14B Nippon Steel-USS ‘partnership’
President Donald Trump on Friday gave his blessing to a $14-billion "partnership" between Nippon Steel and U.S. Steel.
Cliffs opens June spot order book at $910/ton HR
Cleveland-Cliffs opened its June order book for spot material at $910 per short ton (st).
Op-Ed: Ternium CEO Máximo Vedoya wants a fair future forged in steel
After recently receiving an industry honor on behalf of Ternium, I had the opportunity to reflect and share my vision on the state and future of our industry.
Nippon eyeing new $4B U.S. Steel mill to sweeten deal: Report
Nippon Steel could build a new domestic U.S. Steel mill with a total investment of $4 billion.
Nucor cuts CSP by $20/ton, third straight drop
Nucor has lowered its consumer spot price by $20 per short ton, marking the third consecutive weekly decrease.