27. November 2019
Aktien-Gesellschaft der Dillinger Hüttenwerke (Dillinger) today informed its employees that the company has applied for short-time work schedules to begin 1st January 2020.
After a consistently good capacity utilization until mid-September 2019, there has been a strong decline in demand for two months accompanied by a low utilization of plant capacities. The decline in demand is primarily due to a noticeable economic slowdown in important customer segments. The heavy plate market continues to be seriously affected by global overcapacity and continued high imports from third countries into the EU.
Negotiations have now begun with the works council regarding, among other things, the scope and the implementation of short-time working.
Innovative top-quality steel products, total orientation around our customers' needs and unceasing technological development in close cooperation with our partners form the basis of our success - as they have for more than 333 years.
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