Steel Mills
September 3, 2015
US Steel to Move US Steel Canada Production Stateside
Written by Sandy Williams
US Steel plans to relocate 15,000 tons of monthly automotive steel production from Hamilton Works and Lake Erie Works to its US facilities. Court monitor Alex Morrison was informed that the reallocation will take effect for customer shipments in Oct. 2015. Seventeen employees at Hamilton will be laid off and 10 others redeployed.
The production being diverted represents a significant impact on Hamilton’s revenue, earnings and cash flow.
