Hard to compete with cheap Chinese steel. Up to 1,400 union jobs may be eliminated. From the Mayor's comments it sounds like a total shutdown is in the works...
"On Tuesday, U.S. Steel said the move to idle the blast furnace indefinitely was made to balance its production with customer demand.
The company's steel rolling and finishing operations at the site will continue, using metal slabs from other facilities.
Granite City Mayor Mike Parkinson said he is already thinking about the buildings and land that will be left vacant as parts of the plant close. He said he is concerned with how those areas will be maintained, and is raising the issue with U.S. Steel."
"On Tuesday, U.S. Steel said the move to idle the blast furnace indefinitely was made to balance its production with customer demand.
The company's steel rolling and finishing operations at the site will continue, using metal slabs from other facilities.
Granite City Mayor Mike Parkinson said he is already thinking about the buildings and land that will be left vacant as parts of the plant close. He said he is concerned with how those areas will be maintained, and is raising the issue with U.S. Steel."
US Steel closes Illinois furnace 'indefinitely,' warns 1,000 of layoffs
The last operating blast furnace at U.S. Steel's plant in Granite City will remain idled indefinitely, the company said Tuesday, extending a closure first billed as temporary.
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