US Steel temporarily lays off 200 workers in Michigan
Getty Images(CNN) - US Steel is temporarily laying off about 200 workers from a Michigan plant as the steel-making industry continues to falter. The layoffs were expected: US Steel said in June it would adjust the number of workers it would employ at its Gary, Indiana, plant in addition to the Michigan plant because of softening demand for steel. The company said in a statement Tuesday that the layoffs at its Michigan plant affect employees in "nearly every area of the facility from blast furnace operations through finishing operations." As steel prices and profits rose in the industry, domestic mills brought capacity back up at previously idled mills. But last year's large rise in steel prices proved to be short-lived.