8,862.32 TRY BIST 100 BIST 100
4.81 CNY CNY CNY
34.25 USD USD USD
36.78 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
44.96 TRY Interest Interest
75.39 USD Fossil Oil Fossil Oil
31.14 USD Silver Silver
4.31 USD Copper Copper
105.24 USD Iron Ore Iron Ore
375.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,920.89 TRY Gold (gr) Gold (gr)

US Steel temporarily shuts Granite City, Illinois, flat-rolled mill due to UAW strike

US Steel temporarily shuts Granite City, Illinois, flat-rolled mill due to UAW strike, filling product mix from other facilities. Risk mitigation plan ensures balance with order book.

US Steel temporarily shuts Granite City, Illinois, flat-rolled mill due to UAW strike

US Steel is temporarily idling its Granite City, Illinois, flat-rolled mill due to the United Auto Workers (UAW) strike. The 1.4mn short tons/yr blast furnace B will be idled, and its product mix will be filled from other steelmaking facilities in Arkansas, Indiana, and Pennsylvania.

The company is executing a risk mitigation plan to ensure melt capacity is balanced with its order book. The UAW began striking at three facilities, one each owned by Ford, General Motors (GM), and Stellantis. A prolonged labor stoppage could cut into US flat-steel demand and other metals like aluminum and copper.

US Steel proposed converting Granite City from steelmaking to pig iron production last year to supply its electric arc furnace operations in Arkansas and Alabama.

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

Marcegaglia expands stainless steel production in Fagersta

Thursday, November 7, 2024

BHP chief evaluates signs of economic recovery in China

Thursday, November 7, 2024

Severstal lowered the price of galvanized products

Thursday, November 7, 2024

The potential impact of Trump's return to the presidency on the global steel market

Wednesday, November 6, 2024

Saudi Arabia raises scrap prices

Thursday, November 7, 2024
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