Home ThyssenKrupp to close 1 Terni EAF, cut 550 jobs in Italy German steelmaker ThyssenKrupp plans to cut 550 jobs and close one of the two electric arc furnaces (EAF) at its Acciai Speciali Terni (Terni) stainless steel plant in Italy, the company said on Thursday July 17. The cuts are part of a bigger industrial plan that aims to make savings of €100 million ($135 million) in a bid to return the lossmaking plant to profitability. Today,... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Elfi Middelbeek July 17, 2014 16:43 GMT London Keywords ThyssenKrupp Terni Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}