AK Steel Corp. is idling two mills and laying off hundreds of workers until early next year in response to a sharp and sudden drop in demand for steel.
The West Chester, Ohio-based steel business said it halted production and shipping at its 365-worker Mansfield, Ohio plant this week. A small group of workers will remain until the plant is restarted in January, the company said.
The company expects to idle the blast furnace and steelmaking, casting and coating operations at its Ashland, Ky., mill later this month. The Ashland Works employs about 1,100 hourly and salaried workers, though 275 employees at the company’s coke plant will stay on to run the facility at a reduced level.
Read the full Story at the Pittsburgh Business Times
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