18
Dec
15:52
Finnish industrial action to affect SSAB Europe earnings
Strikes by employees at SSAB in Finland in conjunction with negotiations about new bargaining agreements are set to weaken SSAB Europe’s fourth quarter earnings, the steelmaker tells Kallanish.
The effect on earnings of the group’s European operations by the industrial action is estimated at around SEK 250 million ($26.6m), after having affected production and shipments. The strikes have been organised in Raahe and Hämeenlinna by The Industrial U…
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Anonymous
Very good overview of the weekly steel market.
Anonymous