Archive for November 5th, 2009
Tata Steel to raise production at Corus
Tata Steel on Wednesday said its European subsidiary Corus will be able to meet full capacity utilisation by the end of the current fiscal, riding on revival in global demand.
Corus, which had cut production capacity of its mills by as much as 50 per cent amid the demand slump last year, has currently revived [...]
Posted: November 5th, 2009 under Steel International, Steel News, steel strip.
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UK manufacturing boosts hope that Britain will come out of recession - Times Online
Britain’s manufacturing sector expanded unexpectedly last month and at the fastest rate in two years as the weak pound made exports cheaper and imports more expensive, according to new data.
Barely a month after Mervyn King, the Governor of the Bank of England, said that weak sterling “will be helpful” in rebalancing Britain’s economy, the latest [...]
Posted: November 5th, 2009 under Manufacturing News, Steel.
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