Today: May 13, 2024
Today: May 13, 2024

Cleveland-Cliffs to shutter West Virginia tin plant and lay off 900 after tariff ruling

Share This
LA Post: Cleveland-Cliffs to shutter West Virginia tin plant and lay off 900 after tariff ruling
February 15, 2024
JOHN RABY - AP

CHARLESTON, W.Va. (AP) — Cleveland-Cliffs announced Thursday that it is shutting down a northern West Virginia tin production facility indefinitely and plans to lay off 900 workers after the International Trade Commission voted against imposing tariffs on tin imports.

The trade commission ruled earlier this year that no anti-dumping and countervailing duties will be imposed on tin products from Canada, China and Germany because those imports do not sufficiently harm the U.S. steel industry. The U.S. Department of Commerce had determined those products were sold in the United States at less than fair value and subsidized by the Chinese government.

The trade commission also voted to stop a duty investigation into tin products shipped from South Korea.

Anti-dumping and countervailing duties are levied against foreign governments that subsidize products so they can be sold below cost.

Cleveland-Cliffs said it will offer either severance packages or opportunities for workers in Weirton to be relocated to its other facilities. The Cleveland-based company employs 28,000 workers in the United States and Canada.

Weirton is a city of 19,000 residents along the Ohio River about 40 miles (64 kilometers) west of Pittsburgh.

Cleveland-Cliffs Chairman, President and CEO Lourenco Goncalves said the company and the United Steelworkers union “fought tirelessly” to keep the Weirton plant open.

“In what was our final effort to maintain tinplate production here in America, we proved that we are forced to operate on an uneven playing field, and that the deck was stacked in favor of the importers,” Goncalves said in a statement. The trade commission ruling was shocking and made it “impossible for us to viably produce tinplate.”

Goncalves added that the trade commission’s decision “is a travesty for America, middle-class jobs, and our critical food supply chains. This bad outcome requires better and stronger trade laws. We will continue to work tirelessly with our Congressional champions who fought with us in this case to improve the trade laws so that the American industry and our workers are not left behind.”

Sen. Joe Manchin, D-W.Va., said the trade commission turned “a blind eye” to Cleveland-Cliffs workers.

The plant's closing "is an absolute injustice not only to American workers, but to the very principle of fair competition, and it will undoubtedly weaken our economic and national security,” Manchin said.

The announcement is the latest blow for the steel industry in West Virginia’s northern panhandle. In 2022, Cleveland-Cliffs announced the closing of a coke-making facility that employed about 280 workers in Follansbee.

Cleveland-Cliffs' tin facility in Weirton was once a nearly 800-acre property operated by Weirton Steel, which employed 6,100 workers in 1994 and filed for bankruptcy protection in 2003.

International Steel Group bought Weirton Steel in federal bankruptcy court in 2003. The property changed hands again a few years later, ultimately ending up a part of Luxembourg-based ArcelorMittal, which sold its U.S. holdings to Cleveland-Cliffs in 2020.

Sen. Shelley Moore Capito, R-W.Va., said she was “devastated” by the Cleveland-Cliffs announcement and that the trade commission's move to reverse the Commerce Department's decision on tin product duties 'remains concerning and will be examined thoroughly."

Popular

Amazon's self-driving robotaxi unit Zoox under investigation by US after 2 rear-end crashes

Amazon’s self-driving robotaxi unit is being investigated by the U.S. government’s highway safety agency after two of its vehicles braked suddenly and were rear-ended by motorcyclists

Amazon's self-driving robotaxi unit Zoox under investigation by US after 2 rear-end crashes

George Clooney to make his Broadway debut in a play version of movie 'Good Night, and Good Luck'

George Clooney will make his Broadway acting debut next year in a familiar project for the Hollywood star: “Good Night, and Good Luck.”

George Clooney to make his Broadway debut in a play version of movie 'Good Night, and Good Luck'

Childish Gambino announces first tour in 5 years, releases reimagined 2020 album with new songs

Childish Gambino has returned with a reimagined album and a new tour announcement

Childish Gambino announces first tour in 5 years, releases reimagined 2020 album with new songs

Iranian filmmaker flees to Europe after prison sentence ahead of his Cannes premiere

After being sentenced to eight years in prison, the award-winning Iranian director Mohammad Rasoulof says he’s fled to Europe shortly ahead of the Cannes Film Festival premiere of his latest film

Iranian filmmaker flees to Europe after prison sentence ahead of his Cannes premiere

Related

Hedge fund operators go on trial after multibillion-dollar Archegos collapse

Hedge fund operators go on trial after multibillion-dollar Archegos collapse

ECB set scene for June rate cut at last meeting, account shows

ECB set scene for June rate cut at last meeting, account shows

Amazon's self-driving robotaxi unit Zoox under investigation by US after 2 rear-end crashes

Amazon's self-driving robotaxi unit Zoox under investigation by US after 2 rear-end crashes

China to kick off 1 trillion yuan stimulus bond issues this week

China to kick off 1 trillion yuan stimulus bond issues this week
- Advertisement -
Advertisement: Limited Time Offer