ArcelorMittal lays off 30 at S. Carolina mill
Nov 05, 2012 | 03:18 PM
| Michael Cowden
Tags
ArcelorMittal,
layoffs,
Georgetown mill,
wire rod,
steel imports,
steel demand,
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 company’s primary wire rod production facility in the United States.....
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