Cleveland-Clevo is a discharge from 600 factors manufactured in Michigan

Cleveland and Live steel maker This week has been announced that one of his production factories will succeed and rest about 600 workers, pointing to the gentle demand for steel used to manufacture cars.

Cleveland-Clevoz said that it will succeed parts of its factory in Dearborn, Michigan, this summer and the demobilization of nearly 600 employees because of what he said was “the current reality of Production of weak cars In the United States ”

The company plans to temporarily reduce melting oven and an essential store for oxygen in the steel oven and continuous casting factories in Derborn. The hairstyles will be valid July 15.

“These procedures will allow the company to work more efficiently and in a more cost -effective manner for the current market environment,” Cleveland Clevs said in a statement. “We believe that once President Trump’s policies are fully implemented and cars, we must be able to resume steel production in Derborn.”

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By mid -July, Cleveland Works C6 Bord is expected to return to full work after she was at risk last year. He added that the completion of Dearborn and workers, including the pickled cold and the continuous Al -Jalfan line, will continue to run and support the continuous employment of 550 other workers.

index	protection	last	Changing	% Change
CLF	Cleveland Calvis.	9.33	+0.20	+2.25 %

Company Labor workers in Michigan The Cleveland-CLIFS Declaration has followed that it would lead to 630 employees in Minnesota because it is repeated its mine in Minorca and part of the Hibbing mining. This layoff will start in May.

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A message from Robert E Wdio ABC He made it clear that the company expects to lay off workers to be temporary.

“We cannot predict its length, which may exceed six months,” says the message.

The letter also mentioned “Low demand for local steel” in 2024 as it contributed to this step due to the accumulation of excessive iron ore stock.

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The Cleveland-Clevings shares fell more than 13 % last month, but it decreased by only 2.7 % so far. The price of its share increased more than 2 % a day from mid -afternoon.