Friday, 1 May 2020

United States Steel validates layoffs; blast heater at Mon Valley Works temporarily idled

PITTSBURGH-BASED U.S. STEEL, TAKING A MAJOR HIT CHARGE TO CORONAVIRUS. THEY DID NOT SPECIFY THE NUMBER OF WORKERS THAT WOULD BE IMPACTED AT THE MON VALLEY WORKS. THE COMPANY WILL ALSO MOMENTARILY IDLE THE NUMBER ONE BLAST HEATER AT THE MON VALLE.

United States Steel verifies layoffs; blast furnace at Mon Valley Works briefly idled

Pittsburgh-based US Steel reports $391 million loss in very first quarter of 2020

U.S. Steel revealed layoffs and the immediate idling of a blast heater at the Mon Valley Functions after reporting a first-quarter loss of $391 million Thursday.Worker Modification and Retraining Alert (WARN) notices were sent to 6,500 workers throughout the business, however U.S. Steel spokeswoman Meghan Cox stated the actual variety of layoffs was anticipated to be about 2,700″ The company will temporarily idle # 6 blast heater at Gary (Indiana) Works and # 1 blast furnace at Mon Valley Works, reliable immediately,” U.S. Steel stated in a filing with the U.S. Securities and Exchange Commission. “As an outcome of lowered blast furnace production, the corporation has extended coking times at Clairton Functions to align coke production with steel production.” U.S. Steel did not specify a variety of staff members at the Mon Valley Functions who would be affected.” There is not a substantial variety of layoffs at the Mon Valley Functions to activate WARN notifications,” Cox stated.

PITTSBURGH–

U.S. Steel revealed layoffs and the immediate idling of a blast furnace at the Mon Valley Works after reporting a first-quarter loss of $391 million Thursday.

Worker Adjustment and Retraining Notification (WARN) notices were sent to 6,500 employees throughout the business, however U.S. Steel spokesperson Meghan Cox stated the actual variety of layoffs was anticipated to be about 2,700

” The business will temporarily idle # 6 blast heating system at Gary (Indiana) Works and # 1 blast furnace at Mon Valley Functions, efficient immediately,” U.S. Steel stated in a filing with the U.S. Securities and Exchange Commission.

U.S. Steel did not specify a number of staff members at the Mon Valley Functions who would be affected.

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source https://jobsearchtips.net/united-states-steel-validates-layoffs-blast-heater-at-mon-valley-works-temporarily-idled/

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