22
Chile’s largest steel plant announced on Wednesday that it had suspended operations because it could not sustain itself financially, despite new tariffs on Chinese steel meant to protect local production. The Chilean government described the Huachipato plant’s decision as “irresponsible,” with at least 2,700 workers directly affected and as many as 20,000 jobs indirectly linked […]
The post Chile’s largest steelmaker suspends production, blames China appeared first on Insider Paper.