21
Jan
10:35
ArcelorMittal Italia idles meltshop in difficult market
ArcelorMittal Italia is idling steel shop no.1 at its Taranto works and will temporarily lay off 250 workers, Kallanish learns from a trade union release.
This is due to the crisis in the steel market, weak orders and the company’s low raw materials stocks, a union member explains.
The output produced by the steel shop no.1 will be temporarily moved to steel shop no.2, which will work with three convertors instead of two. While steel shop&nbs…
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Anonymous
Very good overview of the weekly steel market.
Anonymous