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Archive for February 3rd, 2009

EU attacks ‘Buy American’ clause

The EU has increased its pressure on the US to reconsider the "Buy American" clause in the $800bn (£567bn) economic recovery package now before Congress.
The clause seeks to ensure that only US iron, steel and manufactured goods are used in projects funded by the bill.
A European Commission spokesman said it was the "worst possible [...]

AK calls back workers for furnace start-up

A total of 525 hourly workers are being recalled at AK Steel Corp.’s Ashland Works plant as of today, Feb. 2, as the company prepares to restart the blast furnace there.
The company announced plans to restart the blast furnace at the steel plant in February and take down the blast furnace at Middletown Works for [...]

Calgary steel firm lays off 270 workers

A Calgary steelmaker handed out permanent layoff notices to about 270 workers in the city this week after a temporary shutdown in January.
TenarisPrudential, which makes steel pipes for the oil and gas industry, made the cuts this week, a union official confirmed Monday.
"We’re down to a third of the work-force we had at the end [...]