LOUISVILLE, KY (WAVE) - Business at an eastern Kentucky plant will be slowing down. AK Steel announced Tuesday that it will temporarily idle its operations in Ashland.
The plant will stay closed until mid-January. The company credits the closure to economic turmoil that has sharply lowered demand for its steel products.
A few of the plant's 800 employees will remain at the plant to prepare for the restart of production.
AK Steel is also slowing production at a second facility in Ohio.
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