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11h ago

U.S. Steel Reverses, Will Keep Granite City Processing Indefinitely

The unexplained reversal has sharpened union scrutiny of commitments linked to Nippon Steel’s government-guarded takeover.

FILE - Rolls of finished steel are seen at the U.S. Steel Granite City Works facility Thursday, June 28, 2018, in Granite City, Ill. (AP Photo/Jeff Roberson, File)
U.S. President Donald Trump visits U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. REUTERS/Leah Millis/File Photo
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Overview

  • The company said it will continue supplying slabs and processing at Granite City Works indefinitely, averting a planned halt in the coming weeks.
  • U.S. Steel cited a goal of maintaining flexibility and said it found a solution to keep consuming slabs but did not disclose details.
  • The United Steelworkers accused the company of trying to evade commitments under the White House deal and said it pushed back while planning a rally.
  • U.S. Steel has pledged no layoffs or pay cuts for about 800 Granite City workers through 2027 under protections tied to the transaction and says it remains in compliance.
  • Nippon Steel’s acquisition advanced after a national-security review added a federal “golden share” giving the government a say in certain decisions, a framework accepted by President Trump.