A trade union leader in the steel mill in Sisak, Predrag Abramovic, told press on Saturday that workers in the plant were shocked by the news from the US Commercial Metals Company (CMC) about its decision to exit the mill by way of a sale and/or closure.
On Friday the U.S. company said that would close out the existing order book and expected the operation to wind down over the next several months.
Abramovic said that this news was shocking for 1,130 workers in Sisak.
"Yesterday at 1510 hrs we learnt that we could work until the closing of the existing order book... This is approximately work for one and a half months," he said.
Earlier in the day, Economy Minister Djuro Popijac said that the departure of the US Commercial Metals Company from the steel mill in Sisak would jeopardise neither the plant nor 1,100 jobs which it was currently providing.
We have not yet been acquainted with all details but we will do it in the coming days, Popijac said.
The minister said that the decision of the U.S. corporation was "surprising given that during the restructuring (of the steel mill) they invested big funds".