Tag Archives: Corus
Energy Prices Leave UK Steel On The Brink Of Collapse
Posted on 15. Jul, 2009 by Ross.
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The UK steel industry is facing oblivion in the face of falling demand and high energy prices which make it uncompetitive.
Anglo-Dutch steel firm Corus recently cut 4,000 jobs - a sixth of its workforce - and shut down two furnaces in Scunthorpe and Newport. Rotherham’s electric arc furnace, used for recycling scrap metal, is likely [...]



