Tata Steel's Corus to close sites, cut 1700 jobs

Published on Fri, Dec 04, 2009 at 17:11 |  Source : Reuters

Updated at Fri, Dec 04, 2009 at 17:24  

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Tata Steel's Corus to close sites, cut 1700 jobs

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  Tata Steel Ltd :
* Says breaking of contract has led corus to partially implement mothballing of some tcp facilities

* Tcp's redcar blast furnace, lackenby steelmaking, south bank coke ovens to be mothballed at end January

* Partial mothballing will result in loss of 1,700 jobs, 600 fewer than envisaged earlier this year.

  

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