Acerinox board approves $52m savings plan for 2017-2018

The board of Spanish stainless steelmaker Acerinox has approved a plan to make savings worth €50 million ($52.06 million) in 2017-2018, the company said on Thursday December 22.

The company’s fifth ‘plan of excellence’ will look for efficiencies in its manufacturing costs, looking at five areas: operations; working capital' personnel;...


Viral Shah

December 22, 2016

19:17 GMT