The Sparrows Point steel mill’s blast furnace will be shut down through at least the middle of January due to the ongoing slide of the global economy, steelworker union representatives said this week.
The furnace, the linchpin of the plant, was shut down for a scheduled two-weeks of maintenance on Nov. 3. But United Steelworkers Local 9477 President John Cirri said plant owner OAO Severstal has decided to keep it offline until Jan. 15, with orders for steel plummeting in the face of world economic turbulence.
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