Bluescope Steel is suggesting relatively few of its job losses will come at the New Zealand Steel plant at Glenbrook, south of Auckland, but is giving no numbers.
The company announced plans to cut 250 jobs from its Australian and New Zealand operations in June, and confirmed them on Monday when revealing a 66% fall in its net profit after tax for the year to June.
The company says the job losses will affect management and staff, but is giving no further details.
It says it has confidence in the future of the Glenbrook plant.
Glenbrook went through earlier retrenchments 4 years ago and before that in the mid nineties.
Its then owner, BHP, later merged with other Australian steel companies to form Bluescope.