Less than three months after the ink dried on the Nippon Steel purchase of U.S. Steel, the new Japanese owners have announced they will close U.S. Steel’s Granite City Works in Illinois. The plant will stop making steel in October, and the 800 employees will remain “employed” at their current pay to “maintain” the facility’s steelmaking […]
Author Archives: Kenneth Rapoza
Kenneth Rapoza is a senior contributor to Forbes covering big business, billionaires, and investing in emerging markets since 2011. He is a former WSJ staff reporter from Sao Paulo, Brazil. He wrote this for InsideSources.com.
