United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with the State of Michigan. In a Worker Adjustment and Retraining Notification filed on Aug. 5, the Pittsburgh-based company said it
CHICAGO - United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with the State of Michigan.
In mid-June, the company said it would idle two blast furnaces at its Great lakes and Gary Works plants, citing lower steel prices and softening demand. The lay-offs call into question claims President Donald Trump has made about the resurgence of the domestic steel industry. Last week in Pennsylvania, Trump said his 25% tariff on foreign imports has turned a"dead" business into a"thriving" enterprise.
An official at the United Steelworkers union, which represents U.S. Steel workers, said lay-offs were also planned for the Gary Works facility in Indiana. U.S. Steel's spokeswoman, however, said the company"currently" doesn't expect"any employment level changes" at the Indiana plant.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. Steel plans to lay off hundreds of workers in MichiganUnited States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with the State of Michigan.
Read more »
U.S. Steel plans to lay off hundreds of workers in MichiganUnited States Steel Corp will temporarily lay off hundreds of workers at its Gre...
Read more »
US Steel temporarily lays off 200 workers in MichiganUS Steel is temporarily laying off about 200 workers from a Michigan plant as the steel-making industry continues to falter
Read more »
US Steel, once a darling of Trump's tariffs, plans to lay off nearly 200 workersThe steelmaker has struggled since tariffs took effect, losing billions of dollars in market value as of last month.
Read more »
Stocks making the biggest moves premarket: Home Depot, Kohl's, Medtronic, US Steel & moreThese are the stocks posting the largest moves before the bell.
Read more »
U.S. Steel plans to lay off hundreds of workers in MichiganUnited States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with the State of Michigan.
Read more »