It is reported that around 600 steel industry jobs are expected to disappear in Sweden. The reason is that the German Thyssen Krupp and the Finnish Outokumpu have agreed to unite their production of stainless steel.

The trade union Metall's newspaper Dagens Arbete wrote that around 600 jobs are likely to disappear from Långshyttan and Torshälla. The German Thyssen Krupp has promised its trade unions to save as many German jobs as possible and then it is likely that the industries located in Sweden are down prioritized.

There is also a risk that the Outokumpu industry in Avesta is soon also threatened according to the article.

(Sourced from www.stockholmnews.com)