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Large and Small Steel Mills Take a Thump as Layoffs Mount

SUGAR LAND--November 4, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Reports are rolling in from across the nation as plant after plant lays off employees to help weather an economic slowdown that has affected numerous plants within the steel industry. Among the companies planning layoffs are ArcelorMittal (NYSE:MT), AK Steel Holding Corporation (NYSE:AKS) and Severstal (MCX:CHMF).

Other companies featured: U.S. Steel Corporation (NYSE:X), Steel Dynamics Incorporated (NASDAQ:STLD)

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Industry Segment: Metals & Minerals
Word Count: 711 Words

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