Current:Home > reviewsCleveland-Cliffs to shutter West Virginia tin plant and lay off 900 after tariff ruling -InvestPioneer
Cleveland-Cliffs to shutter West Virginia tin plant and lay off 900 after tariff ruling
View
Date:2025-04-11 23:38:40
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.”
veryGood! (8972)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Tech CEO Justin Bingham Dead at 40 After 200-Ft. Fall at National Park in Utah
- Disney World and other Orlando parks to reopen Friday after Hurricane Milton shutdown
- 49ers run over Seahawks on 'Thursday Night Football': Highlights
- Meta releases AI model to enhance Metaverse experience
- Melinda French Gates makes $250 million available for groups supporting women's health
- Figures and Dobson trade jabs in testy debate, Here are the key takeaways
- Strong opposition delays vote on $1.5M settlement over deadly police shooting
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- What if you could choose how to use your 401(k) match? One company's trying that.
Ranking
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Hurricane Milton from start to finish: What made this storm stand out
- RHOSLC's Jen Shah Gets Prison Sentence Reduced in Fraud Case
- Maryland candidates debate abortion rights in widely watched US Senate race
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Condemned inmate Richard Moore wants someone other than South Carolina’s governor to decide clemency
- Kanye West Sued by Ex-Employee Who Says He Was Ordered to Investigate Kardashian Family
- BrucePac recalls 10 million pounds of ready-to-eat meat: See list of 75 products affected
Recommendation
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
How many points did Bronny James score tonight? Lakers-Bucks preseason box score
Martha Stewart Says Prosecutors Should Be Put in a Cuisinart Over Felony Conviction
Strong opposition delays vote on $1.5M settlement over deadly police shooting
Former longtime South Carolina congressman John Spratt dies at 82
Melinda French Gates makes $250 million available for groups supporting women's health
SEC, Big Ten flex muscle but won't say what College Football Playoff format they crave
Does Apple's 'Submerged,' the first short film made for Vision Pro headset, sink or swim?