US Steel

The Latest

  • Steelmaker Nucor To Ramp Up Production As Auto Industry Rebounds
    Steel
    Nucor Corporation is aiming to double the production capacity for its steel automotive products to meet the growing demand of the recovering auto industry.
  • US Steel To Lay Off 6,500 Employees Nationwide After Losing $391 Million In Q1
    STEEL PLANT
    US Steel to also cut thousands of jobs in Northwest Indiana and Europe
  • US Steel Sees Better Profits This Year Despite Losses, Job Cuts
    STEEL MILL
    The company has suffered $680 million in losses, or $4 per share, in the fourth quarter
  • US Steel To Idle Detroit Plant And Lay Off 1,545 Workers
    U.S. Steel
    US Steel Corp is reportedly planning to permanently idle its massive plant in Detroit, which will result in the layoff of 1,575 workers.
  • AK Steel’s Stocks Soar Following $1 Billion Takeover Deal With Cleveland-Cliffs
    STEELMAKING
    Merger bid values AK Steel's stocks at $2.94, which is 1.9 percent higher than Monday's closing price
  • Hundreds Of US Steel Employees About To Become Jobless
    US STEEL
    American steelmaker cites extreme market conditions for reason of massive job cuts
  • US Steel Idles Three Blast Furnaces Amid Slowing Demand
    US Steel
    United States Steel Corp announced that it will be shutting down two blast furnaces in the US and one in Europe to avoid producing too much supply and to lessen operating costs.