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Steel plant could lose 2,000 jobs Steel plant could lose 2,000 jobs
(10 minutes later)
A huge steel plant on Teesside is to be mothballed threatening the jobs of 2,000 workers. Steelmaker Corus is to mothball its Teesside plant threatening the jobs of nearly 2,000 workers.
Workers at the Teesside Cast Products plant in Redcar were told the news ahead of a 90-day consultation.Workers at the Teesside Cast Products plant in Redcar were told the news ahead of a 90-day consultation.
Owner Corus said the development had become "unavoidable" because of the end of a contract with four international steel slab buyers.Owner Corus said the development had become "unavoidable" because of the end of a contract with four international steel slab buyers.
Steel union Community expressed "outrage" and said it would work to secure future steelmaking on Teesside.
Corus said the development was due to the termination of a contract by four international slab buyers.
Community general secretary Michael J Leahy said: "This is appalling news. We cannot believe that the consortium is taking such irresponsible action that will have a devastating effect on our members and the whole community in Teesside."
In January, the steelmaker announced it was cutting 3,500 jobs worldwide, including about 2,500 in the UK.In January, the steelmaker announced it was cutting 3,500 jobs worldwide, including about 2,500 in the UK.