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JSW to idle Ohio facility in US, sends lay-off notices to 160 workers

Sources said that the lay-off could be temporary and the company hoped that it would last less than six months. Questions sent to JSW Steel went unanswered

The reliefs and concessions sought by JSW were part of the committee of creditors approved resolution plan
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In 2018, JSW Steel acquired the Ohio facility as part of the Acero transaction. It had then committed an investment of $500 million to modernise the facility.

Ishita Ayan Dutt Kolkata
JSW Steel is idling its electric arc furnace (EAF) flat-rolled steel mill in Mingo Junction, Ohio, and has sent lay-off notices to about 160 workers.

Sources said that the lay-off could be temporary and the company hoped that it would last less than six months. Questions sent to JSW Steel went unanswered.

Business conditions following the Covid-19 pandemic was cited as the main reason behind the notice to workers, US media reports said. The plant too, would be undertaking pending upgrades in the meantime.

In 2018, JSW Steel acquired the Ohio facility as part of the Acero transaction. It had then committed an

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First Published: Jul 16 2020 | 9:11 PM IST

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