23
Oct
10:18
ArcelorMittal extends Italy furlough, could keep majority stake
ArcelorMittal Italia has told unions it will extend temporary layoffs for a further 13 weeks starting from 16 November. The furlough extension has been granted by the government to all Italian companies in response to the Covid-19 crisis, Kallanish learns from union sources.
The new furloughs affect 8,140 employees including production workers, office workers and managers at the company’s main steelworks in Taranto. ArcelorMittal Italia told unions the exten…
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Anonymous
Very good overview of the weekly steel market.
Anonymous