united states steel corp (X) Key Developments
U.S. Steel Warns Additional 1,404 Employees of Potential Layoffs
Apr 20 15
United States Steel Corp. may have further job cuts throughout its tubular operations. A total of 1,404 employees on April 17, 2015 were issued notices under the Worker Adjustment and Retraining Notification (WARN) Act. This included 404 management employees located in Houston and throughout U.S. Steel's tubular facilities; 579 employees in Lone Star Tubular Operations; 166 in Offshore Operations Houston and 255 at Wheeling Machine Pine Bluff, according to U.S. Steel spokeswoman Courtney Boone.
United States Steel Corporation Announces Executive Changes
Apr 15 15
United States Steel Corporation announced two management changes at its European and North American operating facilities. Scott Buckiso has been named vice president – European Solutions and president – U. S. Steel Kosice, succeeding George Babcoke, who has elected to retire following 39 years of service with the company. Amy Smith-Yoder will succeed Buckiso as general manager – Mon Valley Works. The changes are effective May 31, 2015. In his new role, Buckiso will assume executive responsibility for the company's operations in the Slovak Republic. He joined U. S. Steel in 1990 as a management associate at Mon Valley Works' Irvin Plant. Buckiso returned to North America in 2007 when he was named plant manager of U. S. Steel Canada's Lake Erie Works. He later became plant manager – finishing at Gary Works in January 2009 and was named to his current post in July 2011. As general manager – Mon Valley Works, Smith-Yoder will be responsible for overseeing operations at the four facilities that comprise the company's Mon Valley Works: Clairton Plant (coking and coal chemical operation) in Clairton, Pa.; Edgar Thomson Plant (steelmaking operations) in Braddock, Pa.; Irvin Plant (finishing) in West Mifflin, Pa.; and Fairless Plant (galvanizing) near Philadelphia. She joined U. S. Steel in 2001 as a senior quality assurance engineer at Straightline, U. S. Steel's former steel distribution subsidiary. In 2004 Smith-Yoder accepted an assignment as a project manager at U. S. Steel's Midwest Plant in Portage, Ind., and in 2006 she moved to the company's Gary Works to serve as a continuous improvement manager. She was named plant manager – Mon Valley Works' Irvin & Fairless Plants in 2010 and to her current post as plant manager – Edgar Thomson Plant in June 2014.
United States Steel Corp. to Report Q1, 2015 Results on Apr 28, 2015
Apr 9 15
United States Steel Corp. announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on Apr 28, 2015
United States Steel Corp. to Temporarily Lay Off Employees at its Irvin Plant in West Mifflin
Apr 3 15
About 165 employees at United States Steel Corp.'s Irvin plant in West Mifflin will temporarily be laid off starting April 5 as part of the company's retrenchment. The layoffs were caused by an adjustment in production due to global market conditions. The company did not disclose the total number of employees at Irvin, which is part of the Mon Valley Works that has about 3,500 workers. The laid-off employees are all production workers represented by the United Steelworkers.
U.S. Steel to Idle Portion of its Iron Ore Plant in Mount Iron, Minn., Effective June 1, 2015
Apr 1 15
U.S. Steel said it will idle a portion of its iron ore plant in Mount Iron, Minn., effective June 1, 2015, because of a downturn in the steel business. The Pittsburgh steelmaker blamed some of the problem on imports. The number of layoffs will be determined by the plant's operational and maintenance needs. Last month, U.S. Steel reported it will temporarily idle another Minnesota iron plant on May 13 for the same reason. Other production cutbacks are occurring at the company's mills in Ohio, Alabama, Texas and Illinois.