Archive for October 28th, 2008
Staff facing redundancy at Engineering company
EIGHTY-SIX people were last night told they face redundancy from a North-East engineering company after a dramatic downturn in sales in recent weeks.
The jobs blow from Thyssenkrupp (TK) Tallent comes only two months after it announced a further 40 potential redundancies as it restructured its operation in the face of the economic downturn.
The [...]
Posted: October 28th, 2008 under Manufacturing News.
Comments: none
Stainless prices to slip further this year and recover early next
MEPS have published their latest price forecast on stainless:-
Stainless steel prices are likely to slip further over the next few months. More production cuts are also envisaged for the rest of 2008. However, a revival in price and supply are anticipated early next year. The recovery is forecast to be modest but none the less [...]
Posted: October 28th, 2008 under Steel Prices, steel strip.
Comments: none
Corus to produce 1mm hot rolled steel strip
INVESTMENT at Corus’s narrow strip mill in Rotherham is paying dividends in the shape of a new product that could save customers days of work.
The company has become one of a handful around the world that can supply cold rolling customers with 1mm thick hot rolled narrow strip. This week, the Rotherham [...]
Posted: October 28th, 2008 under Steel, Steel News, steel strip.
Comments: none