ArcelorMittal wire rod mill still below capacity
Mar 19, 2013 | 04:55 PM
| Samuel Frizell
Tags
ArcelorMittal,
Georgetown plant,
long products,
wire rod,
layoffs,
Nucor,
Darlington plant,
Samuel Frizell
NEW YORK — ArcelorMittal SA’s wire rod mill in Georgetown, S.C., continues to run on two shifts instead of its usual three as the company attempts to control costs after a slow winter.
The mill has been running below capacity since the company laid off 30 employees in the fourth quarter of 2012, in part due to competition from imports (amm.com, Nov. 5). Wire rod demand began to weaken at around the same time, sources said. ....
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