08
Oct
11:06
Unions approve Port Kembla cost cutting plan
Unions have voted in favour of a deal that see jobs and working conditions reduced in order to ensure the continued operation of the Port Kembla steelworks in Australia’s New South Wales. The move means BlueScope can continue with its cost cutting plan as it struggles to remain competitive, Kallanish notes.
“This is a major step towards achieving the AUD 200 million ($144m) cost saving target. But we still have a lot of work to do in the coming weeks…
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