Post by Logan on Apr 27, 2017 15:22:39 GMT -6
U.S. Steel restarts Lone Star mill; 200 workers to be recalled
Encouraged by an improvement in the oil industry and overall national economy, U.S. Steel is restarting the No. 2 Welded Pipe Mill that it idled a year ago at the Lone Star Tubular Operations.
"We expect production to resume in May, and we anticipate recalling 200 employees," Meghan Cox, a spokeswoman at corporate headquarters in Pittsburgh said in an email.
Cox referred to the first-quarter earnings report that U.S. Steel released Tuesday.
The report states total U.S. rig count stood Friday at 857, an increase of 112 percent compared with the lowest point in May 2016.
Read more: www.news-journal.com/news/2017/apr/26/us-steel-restarts-lone-star-mill/
Encouraged by an improvement in the oil industry and overall national economy, U.S. Steel is restarting the No. 2 Welded Pipe Mill that it idled a year ago at the Lone Star Tubular Operations.
"We expect production to resume in May, and we anticipate recalling 200 employees," Meghan Cox, a spokeswoman at corporate headquarters in Pittsburgh said in an email.
Cox referred to the first-quarter earnings report that U.S. Steel released Tuesday.
The report states total U.S. rig count stood Friday at 857, an increase of 112 percent compared with the lowest point in May 2016.
Read more: www.news-journal.com/news/2017/apr/26/us-steel-restarts-lone-star-mill/