(IN BRIEF) SSAB Europe’s Business Unit Finland is entering into change negotiations in Raahe due to ongoing weak demand. The company aims to structurally reduce fixed costs by at least EUR 10 million annually. These negotiations, involving approximately 2,400 employees, … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Management, Metals and Minerals, News, Sweden
Tagged acquisition, Costs cutting, Jarkko Matkala, negotiations, partnership, Raahe, SSAB
(IN BRIEF) Steel manufacturer SSAB and energy company Fortum are collaborating on a FEED (Front-End Engineering Design) study to investigate the potential for producing hydrogen-reduced sponge iron on an industrial scale in Raahe, Finland. This initiative is an extension of … Read the full press release
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