United States Steel announces idling of Granite City Works

United States Steel Corp., Pittsburgh, has temporarily idled its Granite City Works steelmaking and finishing operations in Granite City, Ill. The idling is part of an ongoing adjustment of steelmaking operations throughout North America to match customer demand.

The company routinely adjusts production at its operating facilities to reflect market fluctuations. This is a result of continued challenging global market conditions including fluctuating oil prices, reduced rig counts and associated inventory overhang, depressed steel prices, and unfairly traded imports, which continue to have a significant impact on the business, the company states.