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US Steel halts Granite City plant production but guarantees jobs until 2027 post-Japanese takeover.
US Steel will stop steel production at its Granite City plant in Illinois by October, but the 800 workers will keep their jobs and pay, maintaining the plant until at least 2027.
This decision follows Nippon Steel's $15 billion takeover of US Steel, with a national security agreement ensuring job protection.
US Steel will focus steel processing at its Pennsylvania and Indiana facilities.
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US Steel detiene la producción de la planta de Granite City, pero garantiza empleos hasta 2027 después de la toma de posesión japonesa.