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Sidenor to apply Temporary Employment Regulation

Steel News - Published on Wed, 16 Sep 2020

Image Source: Sidenor
Sidenor Aceros Especiales has just announced to the unions the need to apply a Temporary Employment Regulation File ERTE that will affect all the Group's factories, including the Cantabrian plant in Reinosa, where it maintains a rolling mill with around 130 workers after selling the forging and large parts division last year to the US based NFL. The Sidenor Group plants affected, in addition to the Reinosa plant, are Legutiano and Vitoria in Álava, Azcoitia in Guipúzcoa, Azuqueca de Henares in Guadalajara, Poliyna in Barcelona and the Basauri plant, with the Group's headquarters at Biscay. The regulation will last until December of next year.

Sidenor is engaged in production of special steel long products. It is also an important supplier of cold finished products in the European market. The company has production centers in Basque Country, Cantabria and Catalonia as well as business delegations in Germany, France, Italy and the U.K. Sidenor’s steel production capacity exceeds one million tonnes annually, primarily destined to the automobile, machinery, capital equipment, railway, energy, mining and petrochemical industries. In all of these industries, Sidenor’s special steel is used to manufacture reliable products.

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Posted By : Yogender Pancholi on Wed, 16 Sep 2020
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