SUBSCRIBERS
US Steel to idle 2 pipe plants, lay off workers
Add BT as a preferred sourcePublished Wed, Jan 7, 2015 · 09:50 PM
New York
US Steel Corp, the country's second-biggest producer of the metal, plans to idle two pipe plants and lay off more than 750 employees as the oil-price slump cuts spending by energy companies.
US Steel notified 614 workers about potential dismissals in March at the company's plant in Lorain, Ohio, which produces 780,000 tonnes a year of seamless tubular steel products. It issued similar notices to 142 employees at its tube factory in Houston, which processes 120,000 tonnes annually.
Share with us your feedback on BT's products and services
