28
Feb
11:20
Acciaierie d'Italia extends layoffs, operates two BFs
Italian steelmaker Acciaierie d’Italia (ADI), the joint venture between state company Invitalia and ArcelorMittal, is to extend its temporary layoffs until June for up to 3,000 workers mainly at its Taranto steelworks, sources close to the company confirm to Kallanish.
This extends the current layoff scheme at Taranto, previously set to expire on 27 March, where about 2,500 workers will be affected. The remaining workers will be laid off at the Racconigi, Ge…
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Very good overview of the weekly steel market.
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