USS mulling options for Canada operations

Jul 30, 2014 | 01:30 PM | Michael Cowden

Tags  U.S. Steel, Mario Longhi, U.S. Steel Canada, United Steelworkers union, USW, Local 1005, Hamilton, Ontario Lake Erie Works

CHICAGO — U.S. Steel Corp.’s Canadian operations are not profitable, but the steelmaker has yet to decide how best to address the situation, the company’s top executive said.

"Unfortunately, it’s not generating a profit," U.S. Steel president and chief executive officer Mario Longhi said when asked during an earnings conference call July 30 about the company’s Canadian subsidiary.....

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