ArcelorMittal laying off nearly 1,000 at US plantMay 14th, 2009 - 2:41 pm ICT by IANS
By Arun Kumar
Washington, May 14 (IANS) Citing an “extraordinary economic environment,” ArcelorMittal, the world’s largest steel maker, has announced plans to indefinitely lay off 978 workers at its Indiana Harbour West mill plant in July.
Although the mill’s iron-producing operations will also be suspended indefinitely, another blast furnace at the East Chicago mill in northwestern Indiana will remain in operation, the Luxembourg-based company owned by Indian steel czar Lakshmi Mittal said Wednesday.
The company said it alerted the United Steelworkers (USW) and other stakeholders of the action Tuesday in accordance with the Worker Adjustment and Retraining Notification Act.
A letter from the company posted on USW Local 1011’s Web site said the layoff would be temporary and for an indefinite period of time during a 14-day period starting July 12. USW Local 1011 represents employees at the Indiana Harbour West facility.
ArcelorMittal will idle iron-producing operations at Indiana Harbor West until market conditions improve. Iron production will remain at Indiana Harbor East’s No. 7 blast furnace, according to a statement from ArcelorMittal’s US headquarters in Chicago.
ArcelorMittal is maintaining temporary global production cuts at a level of about 45 percent, as announced April 29.
“This was a difficult decision to make, but the company is being forced to respond to the extraordinary economic environment we are facing,” the statement said.
“We will be carefully monitoring the situation, and we look forward to many of our employees returning to work as soon as it is warranted by market conditions.
“This development is in no way a reflection on the professionalism and dedication of our Indiana Harbor employees. ArcelorMittal appreciates their efforts and assistance during this challenging period. We will continue to work with the USW to minimise the impact on our employees and their families.”
Pete Visclosky, Democrat member of US Representatives from Indiana said in response to the announced layoff: “I am deeply saddened by today’s terrible news, and my thoughts and prayers are with the workers who are being laid off and their families.
“I will continue to do everything I can to stabilise steel to protect steelworker jobs, help our economy recover, and create new opportunities in Northwest Indiana.”
- Lakshmi Mittal's US steel plant to lay off 400 workers - Apr 15, 2009
- Jharkhand considering MoU renewal for ArcelorMittal steel plant - Aug 01, 2012
- S&P; cuts ArcelorMittal ratings to junk status - Aug 03, 2012
- ArcelorMittal Liberia announces first iron ore shipment - Mar 20, 2012
- ArcelorMittal set to buy Canadian iron ore company for $433 million - Dec 16, 2010
- ArcelorMittal to set up steel mill in Iraq - Mar 16, 2010
- ArcelorMittal, partner nearing absolute control of Baffinland - Feb 08, 2011
- ArcelorMittal says it won't extend Canadian takeover offer - Dec 23, 2010
- Belgian trade union files complaint against ArcelorMittal - Feb 21, 2012
- ArcelorMittal again gets nod from Canadian company for takeover - Jan 05, 2011
- ArcelorMittal shuts down blast furnace at Belgian plant - Apr 08, 2009
- ArcelorMittal again extends bid for Canadian ore company - Jan 11, 2011
- Rival betters ArcelorMittal's offer for Toronto mining company - Jan 03, 2011
- Arcelor-Mittal to delay India steel projects - Apr 15, 2009
- ArcelorMittal hikes bid for Canadian iron ore giant - Jan 01, 2011
Tags: arcelormittal, arun kumar, blast furnace, chicago mill, difficult decision, east chicago, global production, indefinite period, indian steel, indiana harbor, iron production, lakshmi mittal, layoff, memb, northwestern indiana, pete visclosky, retraining, steel maker, united steelworkers, worker adjustment and retraining notification act