ArcelorMittal Announce That They Will Restart Cleveland Steel Plant

Up to 800 Clevelanders May Be Put to Work at the Plant
ArcelorMittal announced today that they will restart production at their Cleveland plant. Union officials told Dennis Kucinich who hosted a radio show on WTAM that up to 800 workers will be returning to work with many other area workers benefiting as well. Some workers may return to work as early as Monday. The company says that they are making the move after seeing an increased demand for steel.
ArcelorMittal said in statement:
In response to improving market demand, we are restarting C-5 blast furnace, a steel shop, hot mill, pickle line, tandem mill and galvanizing line at ArcelorMittal Cleveland.
We are bringing back capacity in line with improving demand, largely due to the technical recovery occurring as inventory destocking nears completion. However, we do not expect demand to return to the levels seen in 2008 for sometime yet and remain cautiously optimistic for a slow and progressive recovery.
The timing and exact number of employees that will be brought back is undetermined at this time as the facility is still drafting its startup plans. However, some employees may return as early as Monday.
We are working closely with USW Local 979 to ensure a safe and successful restart.


Comments
That is great news for the city! The stimulus program must be starting to kick as the economy doesn't seem so bad right now...
this is not the US stimulus- this is China demand. Mixed Blessing as we become the tied to other countries whymes. Globalization..period.