US EditionChile's biggest steelworks sunk by cheap Chinese imports
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8 Articles
La Croix
L'OpinionFor generations, life in Talcahuano, a city of 160,000 inhabitants in the Biobio region, 500 km south of the capital Santiago, has revolved around the iconic steel mill.
Overwhelmed by Chinese competition, Huachipapa, Chile's largest steel mill, will shut down its furnace on Monday, September 16, after 74 years and an entire city will lose its economic engine, a “terrible” blow for thousands of workers who will be left without employment. At the same time, the country will stop producing non-recycled steel. The measure affects 2,700 direct workers and contractors associated with the steel company. “I worked in H…
(AFP) Overwhelmed by Chinese competition, Huachipata, Chile's largest steel company, will shut down its furnace on Monday (16) after 74 years, and an entire city will lose its economic engine, a “terrible” blow for thousands of workers who will be out of work. At the same time, the country will stop producing non-recycled steel. The measure affects 2.7 thousand direct and outsourced workers linked to the steel company. “We did everything” Huachi…
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Chile's biggest steelworks sunk by cheap Chinese imports
It's the end of an era: after 74 years the blast furnace at Chile's biggest steelmaker will be turned off on Monday, snuffed out by competition from China with the loss of thousands of jobs.
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