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23 Mar
08:55

Acerinox agrees temporary layoff scheme for Spanish mill

Acerinox has reached an agreement with Spanish trade unions over a temporary layoff scheme for its Spanish electric arc furnace-based steelmaking unit. The scheme is set to remain in place for one year and will be implemented when needed to support workers affected by temporary production stoppages. Earlier this month, Acerinox stopped production at its EAFs for three days due to the high cost of electricity. Although production has since resumed, the volati…
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