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Import Pressure Forces ArcelorMittal, U. S. Steel to Reduce Tinplate Output
08/27/2019 - Citing competition from low-cost imports, United States Steel Corporation and ArcelorMittal USA are throttling back tinplate production, reports The Times newspaper of northwest Indiana.
According to The Times, ArcelorMittal is laying off approximately 100 employees at its Weirton, W.Va., mill while U. S. Steel plans to idle its tinplate plant in East Chicago, Ind.
“Following extensive market analysis of our global competitiveness in light of high levels of low-priced imported tin mill products entering the United States, we have decided to consolidate our current tin mill products production from three to two facilities, idling our East Chicago, Ind., facility by mid-November 2019," U. S. Steel spokeswoman Meghan Cox told the newspaper.
ArcelorMittal spokeswoman Mary Beth Holdford said the decision was difficult.
“But it is necessary to align ArcelorMittal Weirton’s employment levels with challenging market conditions, which include decreased demand for tinplated cans and pressure from foreign imports," she said.
The Times has more here.
“Following extensive market analysis of our global competitiveness in light of high levels of low-priced imported tin mill products entering the United States, we have decided to consolidate our current tin mill products production from three to two facilities, idling our East Chicago, Ind., facility by mid-November 2019," U. S. Steel spokeswoman Meghan Cox told the newspaper.
ArcelorMittal spokeswoman Mary Beth Holdford said the decision was difficult.
“But it is necessary to align ArcelorMittal Weirton’s employment levels with challenging market conditions, which include decreased demand for tinplated cans and pressure from foreign imports," she said.
The Times has more here.
