June 11 (Reuters) - Steelmaker ArcelorMittal's
Canadian long products unit said on Wednesday that it was laying
off 153 workers as part of a restructuring of its wire drawing
activities.
The unit's wire drawing mill in Hamilton, Ontario, will be
shut down permanently in the coming weeks.
Its activities, primarily intended for the
telecommunications, construction and automotive markets, will be
handled entirely at the Montreal site.
This comes after the U.S. hiked tariffs on steel and
aluminum imports, effective June 4, for all trading partners
except Britain.
Canadian companies and a major union last week warned of job
losses and lost sales resulting from higher U.S. levies on steel
and aluminum, as Canada prepares for reprisals over the metal
tariffs.
"The restructuring we are announcing today was necessary to
ensure the sustainability of our wire drawing activities," said
Stephane Brochu, CEO of ArcelorMittal Long Products Canada.