March 4, 2009

U.S. Steel to lay off 1,500 in Ontario, Canada

U.S. Steel Corp. announced Tuesday that it would further scale back operations, affecting about 1,500 workers.

In the next month, the Pittsburgh-based company (NYSE: X) will idle its finishing and coking operations at Hamilton Works and the steelmaking and finishing operations at Lake Erie Works, both in Ontario. Coking production, the baking of coal to create the steel ingredient coke, will continue at Lake Erie Works, the company said.

U.S. Steel will continue to concentrate production at its Mon Valley Works outside of Pittsburgh; Gary Works in Gary, Ind.; and Fairfield Works near Birmingham, Ala., the company said.

Source: Dayton Business Journal

February 20, 2009

Minntac to lay off half its work force

U.S. Steel Corp. has notified workers at its Minntac[,MN] mine that it will cut production in the next two to three weeks. As a result, about 50 percent of the work force — 500 union and 90 salaried management employees — will be indefinitely laid off.

Minntac, near Mountain Iron, employs about 1,100 union workers and about 180 people in salaried management positions. The mine has five taconite processing lines, but just four are operating. In the coming weeks, the number of operating lines will be cut to two.

Source: Duluth News Tribune

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