NZ Steel says 200 jobs may go to keep mill

NZ Steel says 200 jobs may go to keep mill
Gavin Evans
New Zealand Steel may shed up to 200 jobs across its businesses as part of a plan to get out of unprofitable products and keep its steelmaking operation at Glenbrook viable.The company, which also owns Pacific Steel in Otahuhu, expects to spend most of this month consulting with staff, customers and suppliers on the proposed changes. Between 150 and 200 jobs – up to 14 percent of the 1,400-strong workforce – may be lost.Chief executive Gretta Stephens said the strategic review announced in May had considered all options available an...

More Infrastructure

The Great Expectations on Kāinga Ora and KiwiRail
Policy

The Great Expectations on Kāinga Ora and KiwiRail

The Government is continuing to refresh boards and fire up expectations.

Dileepa Fonseka 03 Jul 2024
Port of Tauranga a 'slow follower' on price hikes
Infrastructure

Port of Tauranga a 'slow follower' on price hikes

Forsyth Barr has upgraded its outlook from 'neutral' to 'outperform'.

Oliver Lewis 03 Jul 2024
Manukau Harbour port study takes its sweet time
Infrastructure

Manukau Harbour port study takes its sweet time

Winston called it ludicrous. Now it's late.

Oliver Lewis 02 Jul 2024