steel industry
manufacturing and materials
News and articles about work, policy and workers' struggles in manufacturing, research and development, mining and materials around the world.
230 Sheffield steel workers to lose jobs
Finnish metals group Outokumpu Oyj said Friday it will close a stainless steel plant in Sheffield, England - laying off all 230 workers - because of oversupply. Its stock surged 14 percent.
“The market for stainless precision strip is oversupplied and this business in Sheffield has been loss-making for several years,” the world’s No. 2 stainless steel maker said. “The proposal is part of Outokumpu’s performance improvement actions to ensure global competitiveness.”
Nationwide general strike in India
The nationwide general strike in India has affected West Bengal, Kerala and Tripura almost completely and other States partially with industrial establishments remaining closed across the country and the functioning of the public sector banks was hit at most places.
“The strike was spontaneous with eight crore people participating in it. It is an expression of deep indignation of the masses against the pernicious economic and labour policies of the United Progressive Alliance government,” Gurudas Dasgupta, general secretary of the All-India Trade Union Congress, told reporters.
Roundup of a month of strikes in Iran
A round-up of recent strike activity in Iran, including the car industry and agriculture.
After three weeks of not receiving wages workers at the Alborz Elastics Factory began a strike on July 12. Management had reneged on a promise to pay a New Year's bonus to 400 workers, and has refused to pay into a loan fund for workers despite taking regular deductions from salaries.
The Ecological Challenge: Three Revolutions are Necessary
With a planetary ecological crisis on hand, it can no longer be denied that socialism will be incompatible with mass production and mass consumption. Indeed, even without returning to Malthusian catastrophe theories, we are forced to admit that the planet’s resources are not inexhaustible. These resources could provide for humanity’s needs, but only if they are used in a reasonable and rational way, i.e., in a manner directly opposed to capitalist logic, which in itself is a source of imbalance.
The Ecological Challenge: Three Revolutions are Necessary
by Alternative Libertaire
