28
Jan
00:00
Brazilian precision tubemaker lays off 770 workers, unions say
Brazilian precision tubemaker, Metalúrgica de Tubos de Precisão (MTP) has laid off approximately 770 workers from its plant located in Guarulhos, Sao Paulo state, Kallanish learns from local trade unions.
The company, which manufactures precision steel tube for automotive applications, ceased operations as from 19 January, according to the Metalworkers’ Union of Guarulhos and Regiao. There have since been protests by the workforce, whilst…
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Anonymous
Very good overview of the weekly steel market.
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