05
Apr
15:31
SMS to cut staff, open new business areas
Continuing difficult economic conditions in the metallurgical plant and machinery construction market are forcing Germany’s SMS group to make further personnel adjustments, Kallanish hears from the company.
Global steel overcapacity is keeping investment in new metallurgical plant at a low level and is causing fierce competition among plant constructors bidding for individual projects. SMS group is therefore being forced to cut costs, and a reduction in th…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous