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BlueScope slashes jobs in major restructure

BLUESCOPE Steel has confirmed it is axing at least 1000 jobs after reporting a net loss of more than $A1 billion for the last 12 months, a further sign the mining boom hasn’t filtered through to the domestic steel manufacturing sector.

MiningNews.Net
BlueScope slashes jobs in major restructure

In a statement released this morning, BlueScope said it would be shutting down the number 6 blast furnace at Port Kembla, south of Sydney, and the Western Port hot strip mill at Hastings, east of Melbourne,...

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