Steel Mills
Update: Alton Steel Adjusts Production
Written by Sandy Williams
April 14, 2015
Alton Steel says it will temporarily lay off 62 employees, 25 percent of its total workforce, until demand improves in the SBQ market.
According to ASI President and CEO, Jim Hrusovsky, “We have reviewed three factors: orders, inventory and scheduling, and ASI is confident that we will maintain the excellent on-time delivery performance that our customers expect, and anticipate minimal disruptions to our shipping schedule.”
Earlier reports indicated 88 workers would be affected.
{loadposition reserved_message}

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Nucor names Batterbee, Bledsoe to HR roles
Nucor Corp. has promoted Thomas J. Batterbee to the position EVP of human resources and talent and appointed Elizabeth Bledsoe to the newly created position of president of human resources and talent.

Millett sees tariffs, CORE case benefiting SDI
Steel Dynamics' top exec thinks Trump’s tariff policies, as well as the results from the recent CORE case, will prove advantageous to the Fort Wayne, Ind.-based steelmaker and aluminum company.

USW digs in on opposition to USS-Nippon deal
“We remain deeply concerned about the national and economic security implications of the subject transaction,” the union stated in the letter dated April 21.

SDI’s Q1 earnings slump on-year, but up sequentially
SDI earnings slip in first quarter year over year, but are up sequentially.

POSCO inks MoU with Hyundai on Louisiana EAF mill
POSCO has signed a Memorandum of Understanding (MoU) with Hyundai Motor Group that includes an equity investment in Hyundai’s previously announced EAF mill set to be built in Louisiana.