Steel firm denies 'dumping'el

Steel maker US Steel Košice has rejected accusations from Eurofer, a European steel market watchdog, that the firm is selling hot rolled steel to EU markets at below production costs. US Steel Košice President John Goodish said the EU is itself trying to protect its recession-bound markets.

A worldwide recession on steel markets has also hit the company. As many as 82% of workers will be sent on forced leave over the holiday period. US Steel Košice has said it will temporarily close some of its production lines at Christmas because of the recession, sending all but 2,700 of its 15,000 employees home for a two-week break.

After meeting with representatives from US Steel Košice November 26 Prime Minister Mikuláš Dzurinda publicly dismissed what he called "rumours" that the firm was considering mass layoffs.

Top stories

News digest: Schools across Slovakia are closing

Problems with regional buses in Bratislava persist. Meteorologists issue warnings against snow for Tuesday and Wednesday.


10 h
Illustrative stock photo

Regional hygienists starting to close schools

Schools in 11 districts have switched to remote learning so far.


10 h
Miroslava Sotáková

The great thing about Slovakia is the lack of crowds, says Slovak living in New York

Miroslava Sotáková works for Google and is bringing up three kids in New York.


19 h
Online shopping, illustrative stock photo.

Online scams spiked during Black Friday

Experts recommend double-checking discounts.


29. nov
Skryť Close ad