12
Mar
07:11
Sidenor to apply temporary layoff scheme in Spain
Spanish special steelmaker Sidenor affirms it is going through a difficult situation due to the drop in its order book. The company's operations look impacted by the slowdown and unrealised recovery in the renewable energy, oil and gas, automotive and machine tools sectors.
“In this situation, we need to apply the so-called temporary employment regulation – ERTE – at our production plants in Reinosa and Azkoitia,” the company explains t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous