12
Aug
16:24
Schmolz+Bickenbach seeks more funding, warns of layoffs
SBQ steelmaker Schmolz+Bickenbach will ramp up its focus on short-term liquidity protection measures in 2020. This is in order to safely navigate the Covid-19 pandemic and the resulting demand slump in the automotive, mechanical and plant engineering, and the oil and gas industries.
As part of the structural improvements, it will concentrate on systematically executing and implementing its transformation plan. Temporary and structural personnel measures will incre…
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Anonymous
Very good overview of the weekly steel market.
Anonymous