Steel Mills
US Steel Granite City to Remain Open
Written by Sandy Williams
May 28, 2015
US Steel has decided not to close down the Granite City mill this month. Instead, 80 workers will be laid off and one blast furnace will be kept in operation. The second furnace will be offline while a new caster is installed.
The previously announced temporary closure would have affected 2,080 employees at the plant.
Illinois U.S. Rep. Mike Bost (IL-12), a member of the Congressional Steel Caucus, was pleased with the announcement.
“I couldn’t be happier that the vast majority of steelworkers at Granite City Works will remain on the job and able to provide for their family,” said Rep. Bost. “These hardworking Southern Illinoisans now have more certainty about their future, but that doesn’t mean the fight for our plant is over. You shouldn’t have to wait until your house burns down before being able to call on the fire department. That’s why we’ve introduced legislation that will help ensure companies have more effective and timely tools to combat illegal foreign trade practices. No American should lose their job because other countries violate the rules.”
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Nucor moves to stop HRC price slide with $10/ton hike
Nucor is attempting to halt the decline in hot-rolled coil prices with the announcement of a $10-per-short-ton increase in its weekly consumer spot price on Monday.
Explosion rocks ArcelorMittal’s DR plant in Mexico
ArcelorMittal reported a "strong" explosion at the direct reduction part of its massive Lazaro Cardenas mill in Mexico.
SDI to acquire remaining stake in New Process Steel
Steel Dynamics Inc. (SDI) announced that it has agreed to acquire the remaining 55% equity interest in New Process Steel.
North Star results improve despite buyer caution as tariffs drive prices higher
North Star BlueScope said it is optimistic that US tariffs will bolster selling prices and tighten the spread the Australia-based steel maker suffered in 2025.
AISI: Domestic steel production edges down
US raw steel production declined last week, according to the latest data released by the American Iron and Steel Institute (AISI).