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The US Steel Corporation announced this week that it will “idle” its steel making plant in Lorain, Ohio and lay off a total of ... and speculators to shut down large portions of the steel ...
U.S. Steel Corp.,X-1.06%decrease; red down pointing triangle the largest steelmaker in the U.S., will idle plants in Ohio, Texas and Alabama as it continues to cut costs amid a global glut that ...
Syracuse, N.Y. -- A welding and fabrication company in Syracuse plans ... occur around March 1 or “as needed” as the plant shuts down, according to the notice. The company’s 62 workers ...
U.S. Steel has struggled over the past year, laying off 200 workers in Michigan ... "As steel prices decline, U.S. Steel will likely shut down capacity and focus on a shrinking product portfolio ...
Several hundred workers at the Sparrows Point steel mill are in danger of temporarily losing their jobs as the plant prepares to shut down for 30 ... selling plants and laying off workers.
An oversupply of Chinese steel is plaguing the industry worldwide and Australian steelmakers are struggling to survive, as cheap raw and fabricated Chinese product floods the market. But the ...
stopped all fabrication of bridge steel by Jiangsu Zhongtai Steel Structure about July 22 after it became clear problems were not isolated incidents, Huggett said. Production is still shut down ...
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