30
Nov
17:14
SMS eyes restructuring as pandemic slashes order intake
SMS group says it will be adjusting its corporate structure, to become cross-divisional with an international focus on customer projects. This is in response to the Covid-19 pandemic hampering investment into steelmaking capacity. SMS expects this year's order intake to be around one third below the level originally planned.
At a press conference on Monday monitored by Kallanish, chief executive Burkhard Dahmen emphasised that the company will act more regiona…
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Anonymous
Very good overview of the weekly steel market.
Anonymous