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SSAB to reorganize steel tube business

SSAB Europe plans to reorganize its steel tube production in an effort to modernize and increase its output. The plan includes modernizing the existing production lines at the Hameenlinna Tube Mill over the next few years as well as a program to modernize and develop tube production in the Oulainen, Pulkkila and Toijala sites in order to increase production volumes. 
A possible end result of this reorganization could also be the closing of a mill in Lappohja.

SSAB said “Worker consultations concerning possible workforce reduction are being initiated at the Lappohja Mill for financial and production-related reasons and for reasons arising from reorganization of the company’s operations. The consultations may result in the closure of the Lappohja Mill. The consultations affect the entire personnel at the Lappohja Mill, about 115 persons.”

SSAB Europe’s steel mills currently have an annual production capacity of 4.9 million tonnes, but the company declined to say by how much the changes would increase production.
Source : STRATEGIC RESEARCH INSTITUTE, STEELGURU
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