Archive for September 21st, 2005
Corus announce Lackenby Closure
Steel giant Corus is to close part of its Lackenby site by the end of January with the loss of 47 jobs.
But the move involving the hot-rolled steel decoiling operation is to be challenged by unions, who believe there is no need for job losses.
The cut-to-length sheet and plate section comes under the Distribution and [...]
Posted: September 21st, 2005 under Steel.
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Thyssen Krupp rumour
FRANKFURT, Sept 20 (Reuters) - German steel and industrial goods conglomerate ThyssenKrupp. on Tuesday denied market rumours that the group was a takeover target for a U.S.-based company. “That is nonsense,” a spokesman for ThyssenKrupp said, when asked about rumours that had helped lift the stock as much as 2.6 percent. It closed up 1.5 [...]
Posted: September 21st, 2005 under Steel.
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