The lay-offs apply to all Finnish operations excluding the subsidiaries mentioned above. The exact timing of lay-offs will depend on the workload situation of the various functions and production lines. Steel production capacity will be cut in line with weakened demand and one of the blast furnaces at the steel mill in Raahe will be temporarily idled in April.

For more information, please contact
Atte Kaksonen, Press Officer, Finland, [email protected], tel. +358 50 3143 634
Mia Widell, Press Relations Manager, Sweden, [email protected], tel +46 76 527 2501