13
Jan
15:27
Ahmsa plans to lay off 300 workers, reports suggest
Mexican steelmaker Altos Hornos de Mexico (Ahmsa) is expected to lay off 300 workers on Friday 15 January, Kallanish learns from local reports. The news follows the job cuts implemented by the company throughout 2015 due to the impact of the high volumes of low priced imports originating in China.
Meanwhile, imports of steel products between January and November 2015 grew by 7.4% year-on-year to 12.23 million tonnes, according to data recently released by Mexico…
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Anonymous
Very good overview of the weekly steel market.
Anonymous