[Ferro-alloys.com] Thailand iron and steel manufacturer Sahaviriya steel industries in United Kingdom subsidiary of Sahaviriya steel industries Ltd United Kingdom (SSI), as a result of falling steel prices affected its Redcar plant was located in the North of England to close the production.
The company said negotiations with trade unions and employee representatives as soon as possible, in order to clarify the situation can impact on the employees.
According to previous reported, UK’s SSI faced short of paying the loan, total amount of € 80 million.
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