01
Apr
14:51
Tubos Reunidos to implement short-time working in Amurrio
Spanish tubemaker Tubos Reinudos (TR) says that it is to introduce a short-time working programme at its plant in Amurrio in the Basque country, Kallanish learns from union sources. The company has been severely affected by the oil and gas sector turndown.
The plan involves a -48% reduction in working hours for 12 months starting on 17 April. The measure is expected to have a direct impact on around 780 workers employed in the facility, according to the Basque u…
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Anonymous
Very good overview of the weekly steel market.
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