Steel producer

EAST CHICAGO, Ind. — The world’s largest steel maker, ArcelorMittal, will lay off nearly 1,000 workers indefinitely at a northwestern Indiana plant this summer as part of a temporary shutdown of the mill’s iron-producing operations. Arcelor- Mittal blamed the "extraordinary economic environment” for its decision to lay off 978 workers in July at the company’s Indiana Harbor West mill. ArcelorMittal said the actions are part of its move to temporarily cut its global production of steel by 45 percent.




wire reports