Corus Optimism After a Slab of New Orders

The JournalAugust 04, 2009

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Summary


THERE is fresh optimism for 2,000 steelworkers at Teesside Cast Products (TCP) after the plant confirmed it has orders until the end of September. The consultation period on the future of the Redcar site has also been extended until the end of next month after the Corus-owned plant won fresh orders for the slab steel it produces.

The consultation period had been due to end this week with the threat of widespread redundancies if a longer term solution had not been found.

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Extract


Corus Optimism After a Slab of New Orders

But the new orders mean that production will be ramped up to meet the demand for 240,000 tonnes of steel due to ...

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