30
Aug
11:47
Acerinox applies temporary layoff scheme in Spain
Spanish-headquartered stainless steel producer Acerinox will implement a temporary lay-off scheme for the workforce at its Cádiz unit, Kallanish learns from the company’s employee council.
The decision comes amid high energy costs in Spain, which are making production costlier.
“Acerinox will apply a Temporary Employment Regulation system (ERTE) to the workers of the Los Barrios plant for up to 15 days from 1 September,” workers…
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Anonymous
Very good overview of the weekly steel market.
Anonymous