Archive for April 27th, 2009
Mittal expected to cut steel output by up to 10%
Extract from article By Peter Marsh, Manufacturing Editor at FT.COM
ArcelorMittal is likely to have to make permanent cuts of up to 10 per cent in its steelmaking capacity as the industry reels from the impact of the worst global recession in decades, industry observers have warned.
It has slashed output in recent months by nearly 50 [...]
Posted: April 27th, 2009 under Manufacturing News, Steel International, Steel News.
Comments: none
More Steel jobs lost in Sheffield
Around 50 jobs are to go at Sheffield forging plant Firth Rixson – just days after stainless steel giant Outokumpu announced the loss of 110 jobs.
Staff at Firth Rixson Forgings have been told "up to 60 jobs" will be cut from the 156-strong workforce at the Meadowhall site. Workers have received letters [...]
Posted: April 27th, 2009 under Manufacturing News, Steel, Steel News.
Comments: none