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| Version 1 | Version 2 |
|---|---|
| Furnace to restart at steel plant | Furnace to restart at steel plant |
| (20 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. | 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. |
| The company's already announced that it is restarting production at the Llanwern strip mill near Newport, because of improving business. | |
| The Port Talbot furnace was mothballed last December, alongside one in Scunthorpe and in the Netherlands. | |
| Corus said the restart will give its UK strip products arm more flexibility. | |
| However, the restarts at both sites 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 | 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. | 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. | Corus, which is owned by India's Tata Steel, had blamed the global economic downturn for the cuts. |