Quote:
Originally Posted by SteelTown
U.S. Steel Canada plans Hamilton blast furnace shutdown
It is unclear whether the cuts would result in layoffs. The former Stelco employs about 1,700 hourly workers at its Hamilton plant.
ArcelorMittal Dofasco has said it will cut back on overtime and reduce its casual employee base as it slows production.
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Wow is that all that is left at Stelco (besides the salary dudes)? I thought there was more than that left there. Good luck to them. Hopefully the recent drop in the dollar will give them a hand. I bet Michigan wishes they had a currency they could drop 15% in a few weeks (although in no way am I advocating a general longterm policy of whoring out your currency).
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