U.S. Steel to bring back 500 workers to Granite City Works
The additional capacity will support anticipated increased demand for steel in the United States from the pending action announced by President Donald J. Trump on March 1, 2018, as a result of the U.S. Department of Commerce Section 232 national security investigation on steel imports.
The company anticipates calling back approximately 500 employees beginning this month. The restart process could take up to four months.
The company expects to provide information on the anticipated financial impact of the restart as more details on the President’s executive order become available for analysis in the coming days.
Both Granite City Works blast furnaces and its steelmaking facilities were idled in December 2015 and the plant’s hot strip mill was idled in January 2016 in response to challenging market conditions, including global excess steel capacity and unfairly traded imports.
The pickle line, cold mill and finishing lines at Granite City Works continued to operate in line with customer demand.
The hot strip mill was restarted in February 2017 as the company adjusted its hot strip mill operating configuration to meet customer needs after deciding to accelerate the pace of its asset revitalization efforts. Granite City's “A” blast furnace remains idled. ■