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11:15am November 16, 2015 Jobs to go at SA steelworks South...

  1. rocket973
    12,082 Posts.
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    16/11/15
    12:16
    Post #: 16404254
    11:15am November 16, 2015
    Jobs to go at SA steelworks


    South Australian Treasurer Tom Koutsantonis has blamed low iron ore prices for the loss of jobs at Arrium's Whyalla Steelworks.
    Media reports say the company is to axe about 250 jobs to cut costs.
    "Terrible news for steel workers at Arrium in Whyalla today. If there was something we could do about international iron ore prices we would," Mr Koutsantonis tweeted on Monday.

    Read more at http://www.9news.com.au/national/2015/11/16/11/19/jobs-to-go-at-sa-steelworks#6Pa15SxY4QvRRpfj.99
    ARI Price at posting: 8.4¢ Sentiment: Buy Disclosure: Held
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