27
Dec
10:26
Acerinox approves €50m cost saving plan
The board of directors of Spanish stainless steel specialist Acerinox approved the company's so-called 'Plan of Excellence V', a scheme to save €50 million ($52.1m), on 22 December, Kallanish notes.
The new savings scheme will be in force during 2017-18 and foresees a target to improve manufacturing costs, Acerinox says in a statement. According to Spanish financial reports, Acerinox has already achieved cost s…
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Anonymous
Very good overview of the weekly steel market.
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