October 12, 2008

US Steel: 200 Texas jobs are cut

It is reported that US Steel Corp is cutting about 200 jobs and halted steelmaking at a Lone Star Technologies Inc pipe factory in Texas to reduce costs.

Mr John Armstrong a spokesman for Pittsburgh based US Steel said that flat rolled steel can be supplied more cheaply from other plants. He added that the cuts at Lone Star in Texas represent about 13% of the 1,600 jobs at the plant.