trending Market Intelligence /marketintelligence/en/news-insights/trending/ja17xf_pbwbzxclyhlpasw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

U.S. Steel may hire back 10,000 workers, says CEO

Mining Exploration Insights – May 2020

Essential Energy Insights - May 14, 2020

Paypal Well-Positioned To Gain Share In COVID-Related Digital Payments Shift

Credit Analytics Case Study: Provogue (India) Limited and Shree Renuka Sugars

U.S. Steel may hire back 10,000 workers, says CEO

U.S. Steel Corp. may bring back up to 10,000 jobs in the U.S., Reuters reported Dec. 7, citing CEO Mario Longhi.

The steel giant employs about 21,000 employees, compared to 28,000 employees in 2007. The company in recent years has been laying off workers and placing facilities in an idle state to maintain control on costs with the price of steel in a global slump.

"I am more than happy to bring back the employees that we were forced to lay off during the depressing period," the executive said in an interview with CNBC.

U.S. Steel is also seeking to push through on investments in its home country, riding on better regulation and tax law expected in the wake of the election of Donald Trump as the country's president, driving growth.

A company spokesperson told Reuters that market conditions will dictate the extent of a recall of employees, if it happens.