20
Aug
01:00
Ovako reduces shifts in Hofors tube production, some lay-offs planned
The global fall in oil and gas production and the consequent drop in demand for tube and pipe products has penetrated deeper into the steel production sector. Swedish special steels producer tells Kallanish that it is to reduce shifts at it Hofors mill “… in response to lower demand for tube products”, the company says.
Ovako plans to move from four shifts to three in the production of hot-rolled and processed tube at the mill in Hofors. N…
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Anonymous
Very good overview of the weekly steel market.
Anonymous