US Steel layoffs 24 workers from Lone Star pipe mill
According to the announcement from the US Steel, one of the steelmakers in the US, it decided to layoff 24 workers from its steel pipe mill named Lone Star, which might be suspended operation before the end of May.
The main reason for this decision was caused by the weak demand in the market, caused by the epidemic and global weak economy.
It would be a must-take action for US Steel to increase its capability of risk-controlling in the second quarter this year.
