United States Steel Corp. announced Tuesday it will restart the second of two blast furnaces, the “A” blast furnace, at its Granite City Works, requiring the hiring of another 300 workers.
The restart of the “A” blast furnace will support increased demand for steel manufactured in the United States, while allowing the company to continue to support customers during planned asset revitalization efforts.
“We are excited to announce that after the restart of the “A” blast furnace on or around Oct. 1, all of the steelmaking operations at Granite City will be back on line, helping us meet an increased demand for American-made steel that has only grown since our March announcement,” said U.S. Steel President and Chief Executive Officer David B. Burritt. “After careful consideration of market conditions and customer demand, including the impact of Section 232, the restart of the two blast furnaces at Granite City Works will allow us to serve our customers’ growing demand for high quality products melted and poured in the United States.”
The company will hire around 300 new employees for the restart of blast furnace “A” that will support increased shipments beginning in the fourth quarter.
In March, U.S. Steel announced the restart of Granite City Works’ blast furnace “B” and steelmaking operations that brought back 500 positions, filled by new and returning employees. The restart of blast furnace “B” is in progress.
“Our restart efforts would not be possible without our talented team at Granite City Works. Thanks to their passion and resolve, we are on track for a successful and safe restart of blast furnace ‘B,’ and the forthcoming restart of ‘A’ will be no different,” Burritt said. “We appreciate and thank the United Steelworkers for their continued cooperation and assistance in the restart process. Together, we are strengthening American-made steel.”
The company is now guiding full-year EBITDA to at or near the high end of the previously announced range of $1.7 billion to $1.8 billion and is reiterating second quarter EBITDA guidance of approximately $400 million.
Bost praises new steel jobs at Granite City Works
U.S. Rep. Mike Bost, a Republican from Murphysbo who represents the 12th Congressional District released the following statement after the U.S. Steel announcement.
“It’s fantastic news that U.S. Steel will be adding 300 good-paying steel jobs in Granite City in addition to the 500 jobs announced in March,” said Bost. “These are 300 jobs that allow 300 families to put food on the dinner table, pay the bills, and put some money away for retirement. I’ve been working for years to turn the tide against unfairly imported steel that hurts our local economy and I’m pleased to see policies put in place by the Trump Administration have resulted in such positive developments.”
The authority under which the president has imposed steel tariffs is Section 232 of the Trade Expansion Act. A Section 232 investigation determines whether imports are harmful to national security and whether measures should be taken to protect domestic industries critical to national security.
Bost, who is co-chairman of the Congressional Steel Caucus, has conducted or been a part of numerous hearings in which U.S. Steel was discussed in the last two years since the idling of the Granite City mill.