You are here

US Steel to idle 2 pipe plants, lay off workers

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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes