06
Sep
10:50
Ascometal to stop production on skyrocketing energy: sources
Ascometal, part of Swiss Steel Group, will implement production stoppages in November and December at its two sites in France, in Fos-sur-Mer and Hagondange, market sources tell Kallanish.
The company told unions last week that production will stop for three weeks at each site. Fos-sur-Mer site director Hervé Hansen told French press the firm is being forced to stop output due to skyrocketing energy prices. Le Parisien reported that Ascometal typically pays…
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Anonymous
Very good overview of the weekly steel market.
Anonymous