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Old Posted Oct 24, 2008, 2:19 PM
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U.S. Steel idles Hamilton furnace
The Hamilton Spectator
(Oct 24, 2008)

U.S. Steel Canada has begun shutting down its Hamilton blast furnace due to the global financial crisis.

The company intends to halt primary steelmaking for six to eight weeks while continuing to make coke at full speed, sources say.

Layoffs at the steelmaker are possible but a "last resort." The company is in talks with union leaders to reschedule maintenance projects to keep employees on the job.

The tentative timeline for the shutdown could change depending on the economy.
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