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ArcelorMittal to Close Wire Drawing Site in Canada, Cut 153 Jobs
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ArcelorMittal to Close Wire Drawing Site in Canada, Cut 153 Jobs
Jun 11, 2025 11:49 AM

02:26 PM EDT, 06/11/2025 (MT Newswires) -- ArcelorMittal ( MT ) unit ArcelorMittal Long Products Canada said Wednesday it will consolidate its wire drawing operations into a single facility, a move that will eliminate 153 jobs.

The company said wire drawing activities, previously split between sites in Hamilton, Ontario, and Montreal, Quebec, will now be fully concentrated at the Montreal location. Production at the Hamilton site will be permanently shut down in the coming weeks.

ArcelorMittal ( MT ) said it plans to maintain open dialogue with employee representatives to support the workers affected by the closure.

Price: 30.82, Change: +0.23, Percent Change: +0.75

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