Facing a sharp decline in demand for its products, AK Steel has idled most of its operations in Ashland, leaving hundreds without jobs until the plant resumes operations.
Officials with AK Steel, which has also idled its plant in Mansfield, Ohio, said that based on foreseeable market conditions, both facilities would remain idle until early to mid-January.
The Ashland Works facility produces carbon flat-rolled steel for automotive, appliance and other markets. The plant currently employs 1,100 hourly and salaried men and women. About 275 of the Ashland Works employees work at the company’s coke plant, which is continuing to operate at a reduced level. A small number of hourly and salaried employees are continuing to maintain the idled operations in preparation for a re-start.
The Pittsburgh-based company said it continues to evaluate all of its operations and will be prepared to restart the idled operations sooner if business conditions improve significantly.