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Redcar Corus plant deal ‘closer'

Corus UK Limited and Sahaviriya Steel Industries (SSI), Thailand’s largest steel producer, have today signed a memorandum of understanding to buy the Teesside Cast Products (TCP) from Corus. The potential transaction is valued at $500 million.

Corus to Spend £185m in Port Talbot

Corus is to invest £185 million into the No 4 Blast Furnace at Port Talbot steelworks.

Manufacturing's Top 10 CEOs

Any list like this one is subjective and difficult to write; everybody has an opinion. Who is a better CEO, Jeffrey R Immelt or Alan Mulally? And is Martin Winterkorn better than Akio Toyoda?

Work Accidents: How To Ramp Up Production Without Injuring Staff

Across Europe and North America the days of children labouring perilously under the viciously moving looms to scavenge scraps of cotton or men losing their arms in carding machines are long gone.

Teesside Cast Products mothballing to begin

The mothballing of the Teesside Cast Products (TCP) blast furnace at Redcar, where some 1,700 jobs are due to be lost, is to begin today. The process could take a few months.

Corus plant to be mothballed by the end of the week

The death knell for Teesside Cast Products (TCP) was sounded by Corus yesterday as it told staff that steel production at the plant will cease within a week.

The return of Vertical Integration

Once English entrepreneur Matthew Boulton took over his father’s toy factory in the 18th century and started rolling his own steel to produce products from candlesticks to steam engines, vertical integration became the business model for the industrialised world.

Corus mothballs Teesside plant

TCP's Redcar Blast Furnace, Lackenby steelmaking and the South Bank Coke Ovens will be mothballed at the end of January 2010.

Steelmakers want ore-marketing plan blocked

Europe's steelmakers have asked the European Commission's anti-trust inspectors to block the proposed iron ore joint venture between Rio Tinto and BHP Billiton.

Corus cutting 2,000 UK steel jobs

Corus is planning to cut a further 2,000 jobs in Britain, the Community trade union has said.

Government steps in to prevent steel job losses

Last week, Corus announced that it may be forced to move its Teeside Cast Products plant, which employs nearly 2,000 workers, following the end of a contract with a consortium of interna

Corus' Teeside plant mothballed

Steelmaker Corus is to mothball its Teesside plant, Manufacturing Digital has learnt.

Steel Demand: Industry Steels itself for downturn

AT the end of January, Corus, the UK's largest steelmaker, announced it was cutting 2,500 jobs after demand in Europe had fallen by 40 percent and its order book was down 30 percent.

Peugeot ousts Streiff as sector troubles deepen

Sunday's sacking of the PSA Peugoet Citroen chief executive marked the third time that the 54-year-old engineer and novelist has played for high stakes and lost, after a 100-day stint as head of Airbu

Downturn hits steel industry

At the end of January Corus, the UK's largest steelmaker, announced it was cutting 2,500 jobs after demand in Europe had fallen by 40 percent and its order book was down 30 percent.

Tata Steel's Corus may cut up to 3,500 jobs

By Victoria Bryan and Humeyra PamukThe Anglo-Dutch steel group, owned by India's Tata Steel, also said its order book was down more than a third and it was to extend production cuts.

Jaguar Land Rover does not want government bailout

The company, part of India's Tata Motors, axed 450 jobs last week due to falling demand.

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