16
May
11:30
Deteriorating performance spurs ArcelorMittal Spain job cuts
ArcelorMittal tells Kallanish it has reached an agreement with unions on a social support plan, which allows for the early termination of 131 jobs, as part of layoff proceedings for organisational reasons (ERE) in Spain.
“This measure has been adopted due to the deterioration of the company's activity in recent years, both in revenue and production volume,” says ArcelorMittal. “In this context, and following the market analysis carried out, t…
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Anonymous
Very good overview of the weekly steel market.
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