07
Mar
11:04
Spain’s Reinosa temporarily halts production, applies layoff scheme
Reinosa Forgings & Castings, formerly of Sidenor, says it is temporarily halting production at its plant in northern Spain, effective 8 March, due to high energy prices, Kallanish notes. The company has stopped its steelworks and foundry activities for one week.
Last Friday, company management held an extraordinary meeting with representatives of the workers' council to inform them about "the situation of the company and the impact that energy costs a…
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Anonymous
Very good overview of the weekly steel market.
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