ArcelorMittal restarting Cleveland blast furnace

Monday, 10 August 2009 00:37:22 (GMT+3)   |  
       

ArcelorMittal said Thursday that it is in the process of restarting steel production at its Cleveland, Ohio plant.

The company said the following in a statement:
“In response to improving market demand, we are restarting C-5 blast furnace, a steel shop, hot mill, pickle line, tandem mill and galvanizing line at ArcelorMittal Cleveland.

We are bringing back capacity in line with improving demand, largely due to the technical recovery occurring as inventory destocking nears completion. However, we do not expect demand to return to the levels seen in 2008 for sometime yet and remain cautiously optimistic for a slow and progressive recovery.

The timing and exact number of employees that will be brought back is undetermined at this time as the facility is still drafting its startup plans. However, some employees may return as early as Monday.

We are working closely with USW Local 979 to ensure a safe and successful restart.”
The Cleveland plant has been idle since it closed in mid-May, resulting in 912 layoffs.

Similar articles

Brazilian steel institute unveils pessimistic expectations for the year

27 Nov | Steel News

CANACERO’s annual report puts AHMSA on the top of Mexico’s steel producer list

21 Jul | Steel News

Worldsteel: Global average steel use per capita up slightly in 2012

03 Jun | Steel News

US flats mills attempt market turnaround with price increases

27 May | Flats and Slab

US domestic flats mills aim to halt market erosion as spot prices decline

22 Apr | Flats and Slab

US plate market awaits impact of increases

08 Mar | Flats and Slab

Can a third price increase sustain the US flats market?

10 Dec | Flats and Slab

US flats market awaits impact of announced price increases

22 Oct | Flats and Slab

Effectiveness of US flats increases remains unclear

09 Jul | Flats and Slab

Worldsteel: Global average steel use per capita up 4.6% in 2011

04 Jun | Steel News