20
Dec
09:57
thyssenkrupp considers layoffs and closures in Bochum: reports
Several of thyssenkrupp Steel’s operations in Bochum may be facing cuts in staff and possible closures, according to German media reports.
At a meeting with the workforce of various plants in Bochum, tk Steel’s ceo Premal Desai gave details about the cutbacks. These could affect between 800 and 1,200 jobs, and the discontinuation of electrical steel production by 2021 as well as the stoppage of the hot-rolling mill by 2024, according to reports by Reut…
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Anonymous
Very good overview of the weekly steel market.
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