Politicspolitics

Wed Mar 7, 2018, 05:22 PM

Help Wanted.

https://www.wsj.com/articles/u-s-steel-to-restart-illinois-plant-operations-to-handle-demand-1520430223

Some U.S. steel and aluminum makers are restarting idle mills and ramping up capacity to make up for imports that face being priced out of the market if President Donald Trump’s proposed import tariffs take hold.

United States Steel Corp. X 2.60% on Wednesday said it would fire up a blast furnace in Granite City, Ill., and call back 500 workers. Century Aluminum Co. CENX 3.91% said last week it will restart lines at a smelter in Kentucky that have been curtailed since 2015, doubling its workforce there to 600.

“Our Granite City Works facility and employees…have suffered too long from the unending waves of unfairly traded steel products that have flooded U.S. markets,” U.S. Steel Chief Executive David Burritt said. The company had idled the furnaces and laid off hundreds of workers in 2015 as a flood of cheap imports pushed down domestic prices.

U.S. Steel shares rose 3.8% Wednesday to $46.25, making for a 28% increase in the past 12 months.
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I wonder what being said in the union halls tonight?

5 replies, 437 views

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Reply Help Wanted. (Original post)
outside Mar 2018 OP
Hey Mikey Mar 2018 #1
fuel Mar 2018 #3
Killdozer Mar 2018 #4
TheShoe Mar 2018 #2
Pennsylvania Mar 2018 #5

Response to outside (Original post)

Wed Mar 7, 2018, 09:07 PM

1. "I wonder what's being said in the union halls tonight? "

nicely stated.

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Response to Hey Mikey (Reply #1)

Thu Mar 8, 2018, 11:26 AM

3. Righty now cares about union workers?

 

Suuure they do....

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Response to fuel (Reply #3)

Thu Mar 8, 2018, 09:03 PM

4. Nobody said anything about 'caring' but you.

 

It is irrelevant.

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Response to outside (Original post)

Wed Mar 7, 2018, 09:16 PM

2. I have no issues with carbon steel tariffs

 

Do it, it make sense to make that here.

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Response to outside (Original post)

Thu Mar 8, 2018, 09:09 PM

5. Were saying NYC Ironworkers for Trump

 

Just like we were always saying

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