ArcelorMittal's Canadian long products unit announced on June 11, 2025, its decision to close the Hamilton wire drawing mill, resulting in the layoff of 153 workers. This action is part of a restructuring of the company's wire drawing activities.
Operations from the Hamilton facility will be moved to the Montreal mill, consolidating production and streamlining processes. The closure reflects strategic adjustments to optimize efficiency and competitiveness within its Canadian operations.
The job cuts and facility closure represent a significant change for the affected employees and the local community. This restructuring aims to enhance the overall efficiency of ArcelorMittal's long products unit in Canada.
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