10,382.89 TRY BIST 100 BIST 100
48.42 EUR EUR EUR
41.28 USD USD USD
5.83 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
40.68 TRY Interest Interest
65.92 USD Fossil Oil Fossil Oil
54.45 USD Silver Silver
4.60 USD Copper Copper
105.18 USD Iron Ore Iron Ore
335.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,860.36 TRY Gold (gr) Gold (gr)

U.S. Steel has announced the indefinite closure of its Granite City steelmaking operations

U.S. Steel has announced the indefinite closure of its Granite City steelmaking operations, resulting in job losses for around 265 workers.

U.S. Steel has announced the indefinite closure of its Granite City steelmaking operations

U.S. Steel, the second-largest US steel producer, has announced its indefinite closure of its Granite City steelmaking operations, leading to job losses. Around 265 workers were laid off during the temporary closure, with another 600 expected to lose their jobs in January next year.

The company plans to use its active steel production facilities to meet customer demand and balance melt capacity with its order book. Idle operations will be taken up by other plants, and rolling and finishing will continue at Granite City using slabs sourced from other plants.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Türkiye’s iron ore imports in July decreased by 25.9%, while Norway returned as a supplier after three years.

Friday, September 12, 2025

Weak demand continues in the EU steel market, with a limited recovery expected in 2026

Friday, September 12, 2025

Fortress Minerals signed an agreement for 1.2 million WMT of iron ore in Malaysia.

Thursday, September 11, 2025

Türkiye's wire rod import increased by 40.6% in July

Wednesday, September 10, 2025

Zhongxi Mining and Fenix signed agreement for weld range iron ore project in Australia

Tuesday, September 9, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now