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BumRushDaShow

(160,927 posts)
Sat Sep 20, 2025, 07:16 AM Sep 20

US Steel changes course, will keep processing raw steel at Granite City plant in IL

Source: ABC News/AP

September 19, 2025, 7:17 PM


HARRISBURG, Pa. -- U.S. Steel reversed course and said Friday that it will continue processing raw steel at its Granite City Works plant in Illinois, nixing a decision that had put the plant on track to stop work in the coming weeks.

U.S. Steel did not explain its reasons for changing course, now barely three months after Nippon Steel sealed a deal with President Donald Trump to buy the iconic American steelmaker by giving the government a say over decisions that affect domestic steel production.

In a brief statement, a U.S. Steel spokesperson said it will continue to supply raw steel slabs to Granite City “indefinitely.”

Initially, it had said ending processing operations at Granite City would allow U.S. Steel to “maintain future flexibility.” On Friday, it said “our goal was to maintain flexibility, and we are pleased to have found a solution to continue slab consumption at Granite City.” It did not say what that solution was.

Read more: https://abcnews.go.com/Business/wireStory/us-steel-processing-raw-steel-granite-city-plant-125754268



BACKGROUND - US Steel to end steel production at Illinois plant but no layoffs
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US Steel changes course, will keep processing raw steel at Granite City plant in IL (Original Post) BumRushDaShow Sep 20 OP
The White House says it blocked US Steel's decision to stop processing steel at Illinois plant Eugene Sep 22 #1

Eugene

(66,434 posts)
1. The White House says it blocked US Steel's decision to stop processing steel at Illinois plant
Mon Sep 22, 2025, 07:47 PM
Sep 22
The White House says it blocked US Steel's decision to stop processing steel at Illinois plant (Associated Press)

HARRISBURG, Pa. (AP) — The White House said Monday that it intervened under the terms of a three-month-old national security agreement with Japan-based Nippon Steel to block a decision to stop processing raw steel at U.S. Steel's Granite City Works plant in Illinois.

In a statement, the White House said Commerce Secretary Howard Lutnick delivered the message that President Donald Trump would exercise his so-called “golden share” power that was a key element in the Trump administration's decision to allow Nippon Steel to buy out U.S. Steel.


https://finance.yahoo.com/news/white-house-says-blocked-us-173637108.html
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