Low demand pushes back re-opening of ArcelorMittal - WMBFNews.com, Myrtle Beach/Florence SC, Weather

Low demand pushes back re-opening of ArcelorMittal

Georgetown, SC -

GEORGETOWN, SC (WMBF) - A move to re-open an embattled steel mill in Georgetown County has been put on hold, following a recent dip in product demand.

James Sanderson, president of the United Steel Workers of America Local 7898, said the ArcelorMittal mill was within weeks of bringing its employees back to work when the demand for steel started to slow.

The hit to the local plant comes just weeks after an agreement was made in June to re-start production.

Production at the plant was halted indefinitely in July 2009 after officials announced it could no longer battle poor market conditions. A total of 242 employees lost their jobs, but will continue to receive supplemental pay through 2011.

Sanderson said officials will continue to closely monitor the market conditions and re-open the plant when it is financially safe to do so.

Copyright 2010 WMBF News. All rights reserved.

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