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Furnace to restart at steel plant | Furnace to restart at steel plant |
(10 minutes later) | |
Steel giant Corus has told staff it is to prepare the No 4 blast furnace at its Port Talbot works in south Wales for a restart. | |
Corus had mothballed the blast furnace last December, alongside one in Scunthorpe and in the Netherlands. | |
Last month the firm said the Port Talbot hot strip mill was now working "flat out" to meet demand. | |
Corus said the restart would give its UK strip products business more operational flexibility. | |
Production at the Corus hot strip mill at Llanwern along the south Wales coast near Newport is restarting this month, but will not reverse any of the 528 job losses at the plant. | |
The shutdowns were part of a 30% cut in production planning over the following six months due to weakening demand in Europe | |
Initially, the shutdown had been scheduled for two months but that was extended at the recession continued to hit orders. | |
Corus, which is owned by India's Tata Steel, had blamed the global economic downturn for the cuts. |