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17 Dec
15:49

AST extends layoff scheme until February

Italian flat stainless specialist Acciai Speciali Terni (AST) has extended layoffs at the plant by two more months. The layoff scheme was launched at the end of September due to the persistent weakness of the market, Kallanish learns from market sources. The scheme involves 700 workers, around one third of the total workforce of the mill located in Terni and controlled by Germany’s thyssenkrupp. Originally the layoffs were planned to be concluded at the end …
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