17
Jan
07:50
Shagang to cut 1500 jobs through intelligent manufacturing
Eastern China steelmaker Shagang is investing in automation of its processes to cut labour costs. Major Chinese steelmakers have been turning to intelligent manufacturing as a way to control costs and boost efficiency, Kallanish notes.
Shen Bin, the chairman of Jiangsu Shagang Group, says Shagang intends to replace 1,500 employees though automation before the end of 2020. "We have piloted several plants and gained some experience, intelligent manufactu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous