U.S. Steel to Idle Granite City Works, Consolidation Marks Latest Sign of Industry Woes

SUGAR LAND--March 26, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--United States Steel Corporation's (NYSE:X) (U.S. Steel) (Pittsburgh, Pennsylvania) announcement that it will temporarily idle its Granite City Works operations in Illinois and consolidate its North American flat-rolled operations is another sign of the stressful times for the industry. Industrial Info is tracking 12 active U.S. Steel projects worth $918.62 million, including two Granite City projects worth $10 million.

Within this article: Plant idling and consolidation by U.S. Steel (NYSE:X)