Steel acquired national steel corporation in may 2003 for 850 million and assumption of 200 million in debt.
Us steel granite city history.
Granite city is a city in madison county illinois united states within the greater st.
The pride of granite city one of the top products from granite city is strongbarn.
As the primary flat roll supplier of the oil and gas industry the idling is part of an ongoing adjustment of steelmaking operations throughout north.
By 1927 granite city steel was incorporated and was eventually purchased by u s.
Granite city has seen its fair share of layoffs in the past two decades.
The population was 29 849 at the 2010 census making it the second largest city in the metro east and southern illinois regions behind belleville officially founded in 1896 granite city was named by the niedringhaus brothers william and frederick who established it as a steel.
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Steel operates great lakes works in ecorse michigan midwest plant in portage indiana and granite city steel in granite city illinois.
Louis public radio in 2008 u s.
Old video of granite city steel granite city illinois.
Steel idled the mill laying off 2 000 workers and later reopening in 2009.
Depressed oil prices were one of the primary reasons the steelmaker idled both furnaces at the mill in 2015.
However the facility is still operating to this day and has an annual capacity that sits around 650 000 tons.
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Time line about 1938.
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