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U.S. Steel’s Lone Star
6/19/2020 steel tube expo-tube &pipe expo |
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U.S. Steel said that due to the sharp decline in operating conditions caused by Covid-19, the company is considering suspending Lone Star steel pipe plant''s operations and laying off 600 employees.
The company said in a statement issued in early May that it will carry out the previously announced idle plan of some equipment and suspend related heat treatment and finishing operations.
U.S. Steel announced that its Lone Star in Illinois began to lay off employees last week and planned to idle all operations before the end of May.
U.S. Steel''s first-quarter earnings report showed that the company faced a loss of US$391 million.
管材展-鋼管展-2020廣州國(guó)際管材及管材加工設(shè)備展－中國(guó)展出效果最好的管材展-巨浪展覽
- The 21st China (Guangzhou ) Int’l tube & pipe Processing Equipment Exhibition
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