LIBERTY Steel has started a consultation process regarding the mothballing of the LIBERTY Merchant Bar (LMB) plant in Scunthorpe which employs more than 120 staff.
The company said this decision comes after a “thorough review of strategic options and the challenging external conditions especially the lack of local feedstock supply that has affected the plant's viability”. The statement added: “Over the past two years, LIBERTY's parent company, GFG Alliance, has explored all possible ways to establish a sustainable business for LMB.
'LIBERTY is committed to retaining critical skills and redeploying staff where possible to minimise the impact on employees. The consultation process will last a minimum of 45 days, during which time LIBERTY will make every effort to achieve a consensus with the workforce.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
China's Steel Market Tactics Under Scrutiny as Steel Demand IncreasesChina's steel industry faces challenges due to excess supply, falling demand, and increasing trade tensions, leading to proposed tariffs and regulatory measures.
Weiterlesen »
Cops charge 'ringleader' of dogfighting gang after rescuing 120 dogsThe dogs, which were kept in barren pens and cages on a Cumberland County compound, were discovered during a raid in the early morning of April 3. Bruce 'Hollywood' Low, Jr., 44, was arrested.
Weiterlesen »
Cops charge 'ringleader' of dogfighting gang after rescuing 120 dogsThe dogs, which were kept in barren pens and cages on a Cumberland County compound, were discovered during a raid in the early morning of April 3. Bruce 'Hollywood' Low, Jr., 44, was arrested.
Weiterlesen »
Cops charge 'ringleader' of dogfighting gang after rescuing 120 dogsThe dogs, which were kept in barren pens and cages on a Cumberland County compound, were discovered during a raid in the early morning of April 3. Bruce 'Hollywood' Low, Jr., 44, was arrested.
Weiterlesen »
Victorian Glasgow waste water pump receives hi-tec revamp 120 years after openingPartick Pumping Station, which serves 170,000 people, is one of more than 30 pumping stations Scottish Water is upgrading by connecting to a cloud-based digital app
Weiterlesen »
Scottish water station in Glasgow goes digital after 120 yearsA major Scottish wastewater facility in Glasgow has undergone a digital transformation 120 years after it was built.
Weiterlesen »