U.S. Steel to reduce operations further, idle more Houston jobs
United States Steel Corp. (NYSE: X) is temporarily reducing more operations in Houston and Texas, affecting more than 200 additional employees.
Last week, the Pittsburgh-based company sent three Workforce Adjustment and Retraining Act letters to the Texas Workforce Commission regarding the additional reductions.
All the cuts were attributed to a decline in tubular market conditions, which is impacting demand for the company’s products.
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