Profits at U.S. Steel and its competitors have been hurt lately by falling prices and demand from U.S. manufacturers
Ceasing Great Lakes Works’ steelmaking operations will help the company lower costs to help pay for modernizing or replacing equipment at its flagship mills.
Despite Trump administration tariffs on foreign metal that were meant to bolster domestic producers by squeezing out cheap imports, profits at U.S. Steel and its competitors have been hurt lately by falling prices and demand from U.S....
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