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Evraz will lay off another 65 at Portland steel mill amid ‘significant business downturn’

By Mike Rogoway, oregonlive.com
Published: June 10, 2020, 8:38am

PORTLAND — Steelmaker Evraz notified state employment officials this week that it plans to lay off another 65 at its North Portland mill amid a “significant business downturn.”

Evraz said the layoffs would begin Monday and continue over approximately two months. The company laid off 230 Portland workers in April, early in the coronavirus outbreak, also citing a significant downturn in its business. The company had approximately 600 Portland employees at the start of the pandemic.

Evraz did not immediately respond for comment Wednesday about its latest cuts.

The company paid $2.35 billion in 2007 to buy Oregon Steel, which was founded in Portland in 1928. Evraz later moved its North America headquarters from Portland to Chicago.

The steel company’s headquarters are in London but Evraz has historically operated primarily in Russia.

Oregon has fielded an extraordinary 473,000 jobless claims since the middle of March and the state’s unemployment rate surged to an unprecedented 14.2%. Job cuts were initially concentrated in the hospitality, retail and health-care sectors, but have now spread across Oregon’s economy as the coronavirus outbreak sapped business and consumer demand.

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