Steelmaker ArcelorMittal SA is closing its wire drawing mill in Ontario, affecting 153 employees when Canada’s steel industry is grappling with the impacts of US tariffs on the metal.

HAMILTON - Canada's steel industry was hit with further layoff news Wednesday as ArcelorMittal Long Products Canada announced it is closing its wire drawing mill in Hamilton.

ArcelorMittal is closing its Hamilton wire mill, cutting 153 jobs. The company will move the work to Montreal to save money and stay competitive.

ArcelorMittal Long Products says it is closing its wire-drawing mill in Hamilton, potentially affecting more than 150 people. The decision announced on Wednesday comes after the United States doubled ...

ArcelorMittal's net income margin is quite low in comparison to both the industry and the sector.

It also processes inputs for the steel industry, another sector targeted by Trump's tough trade policy. ArcelorMittal, one of the world's largest steelmakers, has a presence in Lazaro Cardenas.

It also processes inputs for the steel industry, another sector targeted by Trump’s tough trade policy. ArcelorMittal, one of the world’s largest steelmakers, has a presence in Lazaro Cardenas.

ArcelorMittal will send a hard copy of the Form 20-F Annual Report for 2024, which includes the audited financial statements, to shareholders free of charge upon request.

ArcelorMittal has made a final decision to close its long steel business in Newcastle and Vanderbijlpark after postponing it for a month to see if the government could help keep the steel plants ...

ArcelorMittal South Africa (Amsa) has confirmed that it will cease long steel production by April this year after discussions with government failed to prevent the plant's closure. The shutdown ...

ArcelorMittal Group & Nippon Steel are bringing in an investment of ₹70,000 crore (Phase-1) in a mega steel plant near Nakkapalli, which will be established in 2 phases, creating around 20,000 jobs.