Swedish steel producer SSAB has announced that it will lay off 210 employees at its production site in Borlänge, Sweden, due to the company's proposal to close the galvanizing line and color-coating line in Borlänge.
Through this structural change, the SSAB Europe division is shifting the production of certain products to different production sites. The strategic aim of this restructuring is that the Borlänge mill will in future specialize in hot rolled and cold rolled strip products.
According to SSAB, hot dip galvanized steels will continue to be produced in Hämeenlinna, Finland and color-coated products in Hämeenlinna and Kankanpää in Finland, and in Finspång in Sweden. The announced changes in Borlänge will not affect customer deliveries or service.