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Restarting furnace at Severstal Warren stalled by recession
TweetWARREN — The restarting of steel-making operations at Severstal Warren is being delayed by the lingering recession.
The blast furnace will not be restarted by June 1 as company officials had hoped and more than 800 hourly workers will remain laid off.
Greg Echols, mill general manager, told employees in a recorded message Friday that the company doesn’t have enough orders to begin making steel again in Warren. The blast furnace produces molten iron which starts the process of making steel.
Echols could not be reached for comment, but Mel Baggett, Severstal’s vice president of human resources, said it’s impossible to predict when enough orders will flow in to restart the mill.
“We are matching the capacity of the plant with our order book,” he said.
For more information, see Tuesday’s Vindicator or www.vindy.com.
Comments
Obama is great for the economy and the stock market loves him. Yeah!
Bush caused this train wreck!!
This situation in America was brought to us by the Republican party. I urge everyone to view how out of touch these individuals like Corker, Shelby and their coherts are. They suggest we cut spending and I ask you if everyone cuts spending - what happens to demand? There is no Demand for products and jobs disappear like @ Severstal Warren. Shelby received 500k for re-election from banks, while he voted to not allow Judges rewrite loans. This is a direct violation of the seperations off power that our country is based on. I call for the Senator from Alabama to step down for this unethical derilection of duty.