CHICAGO Tenaris Algoma
Tubes is implementing a "temporary reduction" of 83 hourly
workers beginning Jan. 14.
The Sault Ste. Marie, Ontario,
seamless energy tubulars producer, a division of
Luxembourg-based steelmaker Tenaris SA, said the cuts were due
to a "trend of reduced market activity," and the company is
therefore looking to align production with demand.
"Although we have not lost any
customers ... their demand for product has decreased and they
are working off their inventories," a spokesman said, noting
that the cyclical nature of the energy industry also influences
About 700 people are employed at Tenaris Algoma Tubes.