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02 Jul
01:00

Mexico sees steel jobs rout as imports hit hard

The Mexican steel industry has fallen under increasing pressure with announcements last week of significant job cuts by major steelmakers. ArcelorMittal says that it will cut 2,800 jobs at its Mexico-based operations, following the increase of imports from China, Russia and Turkey. “After having explored and implemented all the possible scenarios and available alternatives, we were forced to make an adjustment of our workforce in a range around …
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