27
Feb
16:22
Pittini idles three plants, re-rollers stop sales
Long steel producer Pittini Group is idling the hot-end areas at three facilities, in Osoppo near Udine, Verona and Potenza, Kallanish learns from a trade union source.
The Fim, Fiom e Uilm unions say the decision is due to skyrocketing energy costs as a consequence of the Russian-Ukrainian conflict. “The increase in energy costs … has put the energy-intensive metalworking sector into crisis,” a union note says. “The international situatio…
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Anonymous
Very good overview of the weekly steel market.
Anonymous