Industry News

ArcelorMittal Long Products Canada to close Hamilton wire drawing mill

Views : 212
Update time : 2025-06-12 16:44:43
ArcelorMittal Long Products Canada announced Wednesday (June 11) the permanent closure of its wire drawing mill in Hamilton, Ontario, in the coming weeks, resulting in 153 layoffs. The company's wire drawing activities, serving telecommunications, construction, and automotive sectors, will be fully transferred to its Montreal facility.

Mike Hnatjuk, president of United Steelworkers Local 5328, said challenges included steel dumping from China and recent US tariffs, though the company stated the shutdown might have occurred regardless.

Stéphane Brochu, CEO of ArcelorMittal Long Products Canada, said the decision was necessary for the long-term sustainability of their wire drawing business.
Related News
Read More >>
Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains
Feb .24.2026
Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains
Argentina terminates AD duties on China’s aluminum sheets Argentina terminates AD duties on China’s aluminum sheets
Feb .24.2026
Argentina terminates AD duties on China’s aluminum sheets
Nippon Steel raises prices for 300 series stainless steel dramatically Nippon Steel raises prices for 300 series stainless steel dramatically
Feb .24.2026
Nippon Steel raises prices for 300 series stainless steel dramatically
Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain
Feb .24.2026
Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain