Voestalpine to introduce shorter work hours in four European countries
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VIENNA (Reuters) - Specialty steelmaker Voestalpine said on Monday it would introduce shorter working hours in about 50 of its European companies in Austria, Germany, Belgium, and France as a result of the coronavirus outbreak.The Austrian group said demand for its products in key sectors had collapsed within days due to massive reductions in capacity and production shutdowns in the automotive, aerospace, mechanical engineering, and oil & natural gas industries."The coronavirus pandemic is..