U.S. Steel has scrapped its plans to wind down processing at Granite City Works later this fall, the company announced Friday.
“We are pleased to have found a solution to continue slab consumption at Granite City for the foreseeable future,” a company executive said in a letter to employees.
Earlier this month, the newly acquired U.S. Steel announced plans to quit shipping in steel slabs to the Metro East mill at the end of October. At the time, the Pittsburgh-based company, now owned by the Japanese firm Nippon, said it would instead ship those slabs to to be processed at bigger plants in Indiana and Pennsylvania.
“U.S. Steel will continue to supply slabs to Granite City,” the company said in a statement. “As we shared earlier, our goal was to maintain flexibility, and we are p