U.S. Steel Warns It May Lay Off Almost 2,000

U.S. Steel Corp. said it will curtail production at pipe-making plants in Alabama and Texas and may lay off almost 2,000 workers because of “softening market conditions” in the oil and gas industries.

The Downtown-based steelmaker said late Monday that it would “temporarily adjust operations” at Lone Star Tubular Operations in Texas, Fairfield Tubular Operations in Fairfield, Ala., and Fairfield Works, the primary flat-roll supplier of rounds to Fairfield Tubular Operations.

Read more: http://triblive.com/business/headlines/7645142-74/fairfield-operations-steel#ixzz3PyOuMJ4S
Follow us: @triblive on Twitter | triblive on Facebook

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s