Metinvest reduces labor hours by 20% amid production decline

14:45, 18 November 2015
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Vertically integrated group of steel and mining companies Metinvest has made a decision to reduce labor hours by 20% with a proportional decrease in salaries for the administrative staff due to uncertainty on the global steel markets, which prompted the company to curtail its production, according to Metinvest press service.

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