Steel Mills
US Steel Lone Star Employees Warned of Possible Cuts
Written by Sandy Williams
January 21, 2016
US Steel may temporarily lay off almost 700 workers at US Steel Tubular Products-Lone Star in Houston. Employees were advised by US Steel that operations may be adjusted “due to softening market conditions.” WARN notice listed by the Texas Workforce Commission on Jan 11 shows 679 employees slated for possible layoff beginning March 16, 2016.
A spokesperson for US Steel said the layoffs are part of a temporary shutdown. The total number of employees affected will depend on operational and maintenance needs.
“This potential action is part of an ongoing adjustment to operations due to challenging market conditions, including fluctuating oil prices, reduced rig counts, depressed steel prices and unfairly traded imports,” wrote spokesperson Jessica Franklin in an email. “All of these factors continue to reduce demand for tubular goods.”
U. S. Steel’s Lone Star Tubular Operations facilities in Lone Star, Texas, specialize in the manufacture of Full Body Normalized Electric-Resistance Welded (ERW) tubular products for the oil and gas industry.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
SSAB delays Swedish mill startup by one year due to grid challenges
The project is facing technical challenges related to upgrading the electric grid.
North Star BlueScope plans upgrades to Ohio plant
The projects are expected to be complete by the end of first quarter 2027. Three scheduled outages will be taken to accommodate the work, Danieli said.
Higher sheet and plate prices to bolster Nucor’s Q2 earnings
Higher prices are boosting the performance of Nucor’s steel mills segment in the current quarter, the company said on Wednesday.
SDI anticipates stronger sequential earnings
Steel Dynamics Inc. (SDI) expects stronger second-quarter sequential earnings when it releases its full earnings report on Monday, July 21st.
Nippon/USS finalize ‘partnership,’ including US government ‘Golden Share’
Nippon Steel and USS have finalized their "partnership" in a deal first announced in December 2023.