Archive for November 7th, 2008
Corus cuts 400 steel jobs
Corus has announced plans to cut 400 jobs from its distribution business.
The proposed job losses include 95 at the steel giant’s plant at Shotton, Deeside and 50 in south Wales.
Another 100 jobs will go at eight sites in the West Midlands and 50 in two locations in Leeds.
The company blamed the move on [...]
Posted: November 7th, 2008 under Manufacturing News, Steel, Steel News.
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Germany’s Largest Steelmakers Cut Output
ThyssenKrupp and Salzgitter, Thursday announced production cuts in steel production due to slowing demand. The companies’ comments came a day after ArcelorMittal (MT), the world’s largest steel maker by volume, said it would cut European flat carbon steel production by more than 30%, and its global output of that by 35% in [...]
Posted: November 7th, 2008 under Manufacturing News, Steel News.
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