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US Steel lays off 142 at Pittsburgh-area tube site



Published: Fri, November 30, 2012 @ 8:00 p.m.

MCKEESPORT, Pa. (AP) — U.S. Steel Corp. is laying off 142 union workers at a Pittsburgh-area tube plant, citing unfairly traded imports as the reason.

About 95 workers will keep their jobs at the McKeesport Tubular Operations plant about 10 miles southeast of Pittsburgh.

Spokeswoman Courtney Boone says the company believes the supply-and-demand problem is driven largely by subsidized imports which U.S. Steel contends violate trade laws.

The tubular business had been benefiting from the Marcellus Shale drilling boom. But when the steel giant forecast its fourth-quarter earnings last month officials said they expected the tubular business to turn a profit, but on far less than the $102 million operating income reported in the previous quarter.

U.S. Steel says in a statement that it can’t speculate on what might happen to the plant in the future.


Comments

1georgejeanie(766 comments)posted 1 year, 7 months ago

I thought the Obamanator had the economy just humming along, oh I forgot that is just for the government workers and his buddies in the auto industry. To hell with the Usw members.

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2Lifes2Short(3875 comments)posted 1 year, 7 months ago

Only the beginning.....

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3IslandMike(738 comments)posted 1 year, 7 months ago

The Vindy announced 800 jobs being added in Columbus just yesterday, I guess you missed that though!

Only 53 shopping days until Obama's 2nd Inauguration.

Thank you Tea Party!!

HILLARY2016!!

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4AnotherAverageCitizen(1174 comments)posted 1 year, 7 months ago


Repub point of view. If layoffs are happening it is President Obama's fault. If People are being hired it is because of Mr. kasich.

mrright, Are you suggesting that PA has a lousy Republican GOV?

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5redheadgrandma(13 comments)posted 1 year, 7 months ago

Yes, Ohio has one of the best governors the state has ever had. The state has added jobs ever since he became governor. Business knows that they will be treated right in Ohio and are relocating here. Thus, more jobs are being added in Ohio. Thank you John Kasich.

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6thinkthentalk(258 comments)posted 1 year, 7 months ago

Yeah, i know! Isnt that wonderful how Mr Kasich provided $12million stimulus money at the V&M Star steel pipe plant! and saved the GM jobs at Lordstown, and and and promoted the green energy jobs making Ohio the leader in that industry!
Wow, our hero John even brought the Utica Shale gas to Ohio!
I cant wait, any day now, when he sells the turnpike, and all the jobs that will create!!!!!

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