9,311.88 TRY BIST 100 BIST 100
39.33 USD USD USD
5.51 CNY CNY CNY
45.32 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
43.86 TRY Interest Interest
74.61 USD Fossil Oil Fossil Oil
46.02 USD Silver Silver
4.81 USD Copper Copper
94.51 USD Iron Ore Iron Ore
330.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,342.31 TRY Gold (gr) Gold (gr)

The strike in Finland may have a negative impact on the European steel market

In Finland, the strike by freight transport workers represented by several major unions is expected to have a negative impact on the European steel market.

 The strike in Finland may have a negative impact on the European steel market

Transportation workers, represented by several major unions, are planning a political strike across Finland between March 11 and March 24. This strike is expected to have a negative impact on Europe's steel activities.

Around 7,000 workers in several sectors, including freight transport, transport control, maritime ports and rail transport, are participating in the strike, which demands better working conditions. While the work stoppage is expected to have a direct impact on logistics facilities and infrastructure, Outokumpu and SSAB, two of Europe's leading steel producers, have warned that the strike could negatively affect them and Europe as a whole.

All export ports in Finland will be closed for around 2 weeks, while SSAB predicts that the strike could reduce its European business by around 300 million kroner in the first quarter.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Canada announces anti-dumping results on steel strapping imports from 4 countries including Türkiye

Monday, June 16, 2025

England to invest 200 million pounds in carbon capture project in Scotland

Monday, June 16, 2025

Italy's new €200 million support to Acciaierie d'Italia

Monday, June 16, 2025

Trump approves acquisition of US Steel by Japan’s Nippon Steel

Monday, June 16, 2025

Andritz makes a giant investment in Germany: New Electrolyzer Gigafactory opened in Erfurt

Monday, June 16, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now