Steel layoffs grow as WCI, others cope with order sag
Dec 19, 2008 | 10:24 AM
| Scott Robertson
More steel plants are laying off workers as steel order volumes continue to sag.
The latest casualties come at Severstal Warren in Warren, Ohio, the former WCI Steel Inc., which will temporarily furlough a "substantial" portion of the work force at the plant—reportedly as many as 600 workers, or half the employee total—beginning Dec. 29 as it continues to try to deal with weakness in its order book.
Meanwhile, 69 union-represented workers at the bar-making operations of U.S. Steel Canada, Hamilton, Ontario, will be laid off due to a lack of orders, bringing total layoffs at the Hamilton operations to around 520.
Separately, U.S. Steel Europe plans to put two blast furnaces in Serbia on standby for January; ArcelorMittal USA Inc., Chicago, will lay off workers at Riverdale, Ill.; and Essar Steel Algoma, Sault Ste. Marie, Ontario, is in discussions with the United Steelworkers union about a job-sharing plan that it believes will help it avoid large numbers of layoffs.....
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