27
Jan
15:31
Genoa demo costs Ilva €2m/day
Ilva is losing around €2 million/day ($2.17m) due to the sit-in strike and demonstrations organised by local trade union Fiom at the steelmaker's plant in Genoa, Kallanish learns from the company. The dispute centres on a reduction in working hours imposed by the company.
“… The current occupation… is affecting the reputation and the financial performance of the Group,” the steelmaker says in a statement.
“These l…
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Anonymous
Very good overview of the weekly steel market.
Anonymous