SSAB confirms temporary layoffs in Finland

Sweden’s SSAB tells Kallanish that it has completed negotiations with some of its employees in Finland concerning temporary layoffs as a result of the Covid-19 pandemic.

The negotiations applied to SSAB Group’s personnel in Finland, excluding subsidiaries Ruukki Construction and Tibnor. The negotiations have now ended and there will be a need for temporary layoffs averaging 3 weeks in April-June, the steelmaker confirms.

“The layoffs apply to all Finnish operations excluding the subsidiaries mentioned above. The exact timing of layoffs will depend on the workload situation of the various functions and production lines. Steel production capacity will be cut in line with weakened demand and one of the blast furnaces at the steel mill in Raahe will be temporarily idled in April,” SSAB says.