AK Steel Temporarily Idling Some Operations
U.S. Steel announced it will lay off 500 steelworkers in the United States because of a drop in demand. The layoffs will affect production workers at U.S. Steel plants in Indiana, southwestern Pennsylvania (two facilities), Alabama, Michigan (two plants) and Illinois. The company will also lay off 167 workers in Ontario. According to U.S. Steel, the layoffs will continue indefinitely until demand returns.