14
Aug
01:00
Ahmsa continues adjustment plan while industry fears yuan depreciation
Ahmsa is reportedly carrying on its adjustment plan, which involves the reduction of both its output and workforce by 20%, while ensuring that the group will not implement its $250 million investment program as long as the market conditions remain uncertain, Kallanish learns from local reports.
According to an interview published by the Coahuila-based newspaper, Infonor, Ahmsa’s ceo, Zamudio Miechielsen, confirmed that the company is also und…
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Anonymous
Very good overview of the weekly steel market.
Anonymous