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31 июля 2015 17:32
ArcelorMittal Temirtau cuts wages by 25%
ArcelorMittal Temirtau, a steel giant in Kazakhstan, is reducing wages of its employees by 25 percent starting from August 1, a Tengrinews correspondent reports. According to the company, the decision was taken due to "unprecedented market conditions."
ArcelorMittal is among world leaders in production of steel and occupies a leading position on the main steel markets around the world, including the industries like car-making, construction, household appliances and packaging. The company also has large reserves of raw materials and an efficient distribution system. The company employs more than 200,000 people and has operations in 60 countries.
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