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More than 200 workers to go at Sandvik Materials Technology unit

Cecilia Jamasmie | August 21, 2017 | 3:26 am Base Metals Energy Europe Coal Zinc 

Swedish equipment and tool manufacturer Sandvik Mining (STO:SAND) is letting go 210 white-collar employees at its Materials Technology unit (SMT), located in Sandviken, about 190 km north of Stockholm. The decision comes as tougher competition from Asian suppliers, pressure on prices and...

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