AK Steel Likely to Idle Ashland Operations
ArcelorMittal will idle production on the west side of the company’s Indiana Harbor facility in East Chicago, Ind., causing the indefinite layoff of 978 employees. It will continue producing metal on the east side of the facility. ArcelorMittal also gave a required 60-day notice to shut down its steel mill in Georgetown, S.C. The decision will put 242 employees out of work, at least temporarily.