US Steel to idle 2 pipe plants, lay off workers
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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.
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