01/28/2026
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U.S. Steel CEO Says Granite City Works Has a Strong Future Under Golden Share Protections
GraniteCityGossip, January 19, 2026
In a new extended interview with CBS News, U.S. Steel CEO David Burritt offered encouraging news for Granite City families, emphasizing that he sees no plant closures ahead and highlighting how federal oversight — including President Trump’s use of the golden share has helped protect the future of Granite City Works.
Burritt’s comments come at a time when many residents have been anxious about the long‑term stability of the mill. His message was clear: Granite City Works remains essential, and the company is committed to keeping it operating.
A Strong Statement: “I Don’t See Plant Closings”
During the interview, Burritt directly addressed concerns about shutdowns. He stated that he does not foresee plant closures and emphasized that U.S. Steel’s facilities, including Granite City Works, continue to play a vital role in the nation’s industrial and national‑security needs.
For Granite City, where the steel mill has been the backbone of the local economy for generations, this reassurance carries enormous weight. Hundreds of families depend on the mill, and Burritt’s comments signal stability at a time when the industry is undergoing major changes.
The Golden Share: A Powerful Tool That Protected Granite City
One of the most important points Burritt discussed was the golden share, a special federal authority that allows the U.S. government to block certain corporate decisions if they threaten national security or critical infrastructure.
According to Burritt, the golden share has been a decisive factor in keeping Granite City Works open. When U.S. Steel considered shifting production or idling facilities, the golden share allowed President Trump to intervene and ensure that critical operations, including those in Granite City, remained active.
This mechanism has effectively safeguarded local jobs and preserved the region’s steel‑making capacity.
Trump’s Role in Supporting the Steel Industry
Burritt noted that President Trump has been deeply involved in supporting the steel industry, including U.S. Steel’s operations. He described the administration as highly engaged in ensuring that American steel remains strong, competitive, and secure.
For Granite City, this involvement has translated into:
Protection of local jobs
Stability for the mill’s future
Federal backing during a period of global steel competition
A clear signal that Granite City Works remains strategically important
While Burritt did not speak politically, he emphasized that federal engagement — including Trump’s use of the golden share has been instrumental in keeping facilities like Granite City Works running.
What This Means for Granite City
For our community, Burritt’s interview offers something we haven’t had in a long time: reassurance.
His key messages:
Granite City Works is not closing.
The golden share has protected the plant.
Federal involvement has strengthened the mill’s future.
U.S. Steel sees Granite City as part of its long‑term strategy.
This is welcome news for workers, retirees, families, and local businesses who depend on the mill’s presence.
A Moment of Hope for Granite City
For decades, Granite City has weathered layoffs, idling, and uncertainty. Burritt’s comments signal a turning point — a recognition that our mill is not just a local employer, but a national asset.
As we move forward, the combination of federal oversight, industry investment, and community resilience gives Granite City a renewed sense of stability and pride.
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