Current:Home > StocksCleveland-Cliffs to shutter West Virginia tin plant and lay off 900 after tariff ruling -ValueCore
Cleveland-Cliffs to shutter West Virginia tin plant and lay off 900 after tariff ruling
View
Date:2025-04-27 03:22:18
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! (4853)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- After Stefon Diggs trade, Bills under pressure in NFL draft to answer for mounting losses
- Trump Media launching Truth Social streaming service, where it says creators won't be cancelled
- Pilot who died last week in Indiana plane crash was Purdue student, authorities say
- See you latte: Starbucks plans to cut 30% of its menu
- Zion Williamson shines in postseason debut, but leg injury leaves status in question
- Riley Strain's Family Addresses Fraternity Brothers' Reaction to Him Going Missing
- Introduction to GalaxyCoin
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Wisconsin Supreme Court to hear arguments in Democratic governor’s suit against GOP-led Legislature
Ranking
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Brittany Mahomes Shares Fiery Reaction to Patrick Mahomes’ Latest Achievement
- OJ Simpson was chilling with a beer on a couch before Easter, lawyer says. 2 weeks later he was dead
- Matthew Perry hailed for '17 Again' comedy chops: 'He'd figure out a scene down to the atoms'
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Liev Schreiber reveals he suffered rare amnesia condition on Broadway stage
- Governors decry United Auto Workers push to unionize car factories in six Southern states
- European astronomers discover Milky Way's largest stellar-mass black hole: What to know
Recommendation
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Golden State Warriors to miss NBA playoffs after play-in loss to Sacramento Kings
Circus elephant briefly escapes, walks through Butte, Montana streets: Watch video
Two best friends are $1 million richer after winning the Powerball prize in New Jersey
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Things to know as courts and legislatures act on transgender kids’ rights
Video shows car flying through the air before it crashes into California home
Lab chief faces sentencing in Michigan 12 years after fatal US meningitis outbreak