05
Apr
13:12
Sidenor applies temporary layoff scheme in Spain
Spanish special steelmaker Sidenor confirms having reached an agreement with workers on the application of the so-called temporary employment regime – ERTE. The measure is seen as essential for maintaining production at its plants in Reinosa and Azkoitia amid the drop in its order book, Kallanish notes.
The company's operations remain impacted by the slowdown and unrealised recovery in the renewable energy, oil and gas, automotive and machine tools secto…
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Anonymous
Very good overview of the weekly steel market.
Anonymous