Swiss steel production and drop in 2024

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Via metal miner

The corporation whose headquarters is from Lucena now Plos Angelesns to up to 50 positions in its paintings in Emmenbrücke at the time of this year. LE PLOS ANGELESN ÉTAIT INITIAL DE RÉDUYE JUSQU’À 80 TRAVAILLEURS à LOS ANGELES FOIS, well that the angels sociéé ait finalement reduuit ce Name d’In tiers.

“Measures such as taking advantage of herbal attrition and changes in organizational structures have helped the number of layoffs to a maximum of 50 employees,” the company said.

In the long term, Swiss Steel plans to reduce a total of 130 positions at the site. The firm originally began negotiations with the employee committee, social partners and local authorities in November, citing persistent weak demand and poor economic conditions.

Swiss Steel produces stainless steels, tool steels and engineering steels for the mechanical, automotive and agricultural engineering sectors. The corporation has a general production asset in Europe.

At the same time, 2024 H1 sales totaled 629,000 metric tons, reflecting a 6% drop in the annual slippage of 756,000 metric tons. The company has cited nonstop weakness in key markets, such as automotive and mechanical engineering. In particular, this volume includes sales from Swiss Steel’s subsidiary ascomeal, which is headquartered in northern France.

In general, corporate knowledge indicated that the gross profits of the organization have reduced a third to 447 million euros ($ 4Five9 million), compared to $ 664 million ($ 682 million), the value of discounts for metal in 2024 also resulted in a 2five. % of drop in revenues of almost 1. 8 billion euros ($ 1. 9 billion) to 1. 38 billion euros (1. 42 billion dollars). Do you know what tactics of origin are the most productive with settings in the metal industry like these? Read the five most productive practices in the metal source.

By Christopher Rivituso

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