11
Feb
16:58
German, Austrian steel companies prepare for short-time working
The possibility of reduced working hours is looming over several steel processing companies in German and Austria.
The German medium-sized cold-rollers are affected by low demand from the automotive industry, their main customer group. A spokesman at Wälzholz confirms to Kallanish that reduced hours have been introduced, but only in the administration of its Hagen headquarters. Apart from declining domestic orders, the company is normally a strong exporter, a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous