ArcelorMittal lays off 30 at S. Carolina mill
Nov 05, 2012 | 03:18 PM
| Michael Cowden
CHICAGO ArcelorMittal SA has laid off some 30 employees at its Georgetown, S.C., wire rod mill, in part because of imports, the company told AMM Monday.
The Luxembourg-based steelmaker has also reduced the Georgetown facility from a three-crew operation to one staffed by only two crews, a spokeswoman said via e-mail.
The moves come "in response to market conditions" she said, adding that ArcelorMittal is also "being forced to respond to the impact that wire rod imports are having" on the Georgetown mill, the companys primary wire rod production facility in the United States.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.