05
Oct
12:17
Aperam to use temporary layoffs to reduce output
Aperam is expected to make use of a new Belgian law on temporary layoffs to reduce output further during October and November, Kallanish notes.
At its mill in Genk, the company is reported to be applying for a full closure of one week at the end of October, supported by a new temporary layoff scheme designed for energy-intensive industries.
The mill already reduced output during the summer, extending the usual August closure into September, due to high energy cos…
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Anonymous
Very good overview of the weekly steel market.
Anonymous