08
Jul
01:00
Riva Acciaio announces layoffs in Verona
The Riva Acciaio steel mill in Verona, Northern Italy, has announced layoffs for the next three months in response to the contraction of the Italian construction sector, it says. The plant employs 417 workers, and the layoffs will affect approximately 20% of these, Kallanish learns from trade union sources.
According to sources close to the company, the operation in Verona has reduced its output of welded mesh to the minimum, due a progressive fall in local …
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Anonymous
Very good overview of the weekly steel market.
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