US Steel chops 2,500 jobs at Slovakia plant, blaming high EU carbon prices

Published 19:45 on July 20, 2019  /  Last updated at 00:21 on September 16, 2020  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

US Steel will lay off 2,500 workers at its large steel mill in Slovakia over the next two years, the company announced on Friday, blaming high EU carbon and power prices.

US Steel will lay off 2,500 workers at its large steel mill in Slovakia over the next two years, the company announced on Friday, blaming high EU carbon and power prices.

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