In April, SSAB agreed temporary layoffs at its Finnish sites
averaging three weeks in April-June with its employees and announced steelmaking output cuts.
With economic conditions and demand in the steel market continuing to deteriorate, the company has extended temporary layoffs to "at least as long in July and September," according to the release.
The layoffs will affect personnel in Finland excluding the subsidiaries Tibnor and Ruukki Construction, who have communicated their adjustment measures separately.
"The exact timing of layoffs will depend on the workload situation of...