Tuesday, August 4th18.5°C
27107
26015

400 Evraz workers relieved as layoffs avoided; rail cars have arrived

REGINA - Four hundred workers at Regina's Evraz steel plant are breathing a sigh of relief.

The United Steelworkers Union, which represents Evraz employees, confirms that the temporary layoffs expected this week have been avoided.

Sonny Rioux, chief representative for Local 5890, says the company told them last week that Evraz is rescinding the layoff notices because they are receiving a sufficient amount of rail cars now.

Employees were told earlier this month that temporary layoffs could start as early as this week.

At the time the company was dealing with an over-stock of steel tubes due to backlogs on exports by rail.

The steel manufacturer was just one in a long list of industries that have been experiencing bottlenecks on rail exports.

“People are very relieved and hopefully now it’s business as usual,” Rioux said.

(CJME)

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX14468.44+85.68
S&P CDNX594.31+6.01
DJIA17598.20-91.66
Nasdaq5115.38-12.90
S&P 5002098.04-5.80
CDN Dollar0.7617+0.0017
Gold1096.90+0.60
Oil46.17+0.61
Lumber259.40+7.30
Natural Gas2.883+0.062

 
Okanagan Companies
Pacific Safety0.17-0.01
Knighthawk0.010.00
QHR Technologies Inc1.42+0.00
Cantex0.035-0.005
Anavex Life Sciences1.13+0.22
Metalex Ventures0.05+0.00
Russel Metals19.40-0.05
Copper Mountain Mining0.79+0.01
Colorado Resources0.065+0.005
ReliaBrand Inc0.0049+0.0004
Sunrise Resources Ltd0.03+0.00
Mission Ready Services0.095-0.045
Decisive Dividend Corp2.55+0.05

 





FEATURED Property
21534234708 Heltman Road
4 bedrooms 3 baths
$789,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Mortgage policy changes?

There are rumours circulating again that the federal government may move to tighten mortgage insurance criteria. This is prompted by a recent article in the Financial Post. The housing market while b...


Chasing ducks

Photo: Thinkstock.comWhen businessmen tell me that being low priced is the only way to stay in business, I am skeptical. Price is the simplest way for a consumer to compare and is overused as the basi...


Taking care of business

Photo: Thinkstock.comRetirement as a goal has changed a lot over the years. There was a time, it was the only goal. You’d punch the clock and count the years until you could stop punching that t...

_



26370




Member of BC Press Council


27074