10
Feb
16:47
Vallourec to close German plant in Reisholz
Vallourec is reportedly closing its seamless pipes plant in the Düsseldorf district of Reisholz. A spokeswoman of the company tells Kallanish that the decision was largely taken last week, but will need the binding approval of a board meeting on Friday.
According to a bulletin by union IG Metall, the staff of the plant heard the news at an extraordinary meeting with the management on the morning of 7 February. The decision was attributed to the poor prospects…
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Anonymous
Very good overview of the weekly steel market.
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