Evraz to close pipe unit at Pueblo steel mill

Posted at 11:39 AM, Mar 03, 2016
and last updated 2016-03-03 13:39:18-05

Russian steelmaker Evraz is shutting down the seamless pipe unit at its Colorado steel mill, cutting about 70 jobs.

The Pueblo Chieftain reports that the company announced this week that it was indefinitely suspending pipe production at its Pueblo plant because of sluggish U.S. oil and gas drilling and an ongoing influx of steel imports to the U.S. from foreign producers.

The mill began scaling back the pipe operation last year, announcing a temporary layoff of up to 200 workers. Though some of those jobs were later restored, Evraz has been decreasing output since.

The announcement comes a month after Evraz announced plans to indefinitely shut down its pipe unit in Portland, Oregon.