Tuesday, April 22, 2008

500 Corus staff face steel job loss

Overcapacity in the European packaging steel market has prompted the Tata group to take a tough call on Corus, which will see a reconfiguration involving more than 500 people.

By July this year, Corus plans to close the operations of Corus Packaging Plus' Bergen (Norway) unit, which has a capacity of 150,000 tonnes and employs 260 people.

Further, it might reduce the capacity of CPP's Trostre Works in South Wales by the year end, which could result in a reduction of 290 positions in operational and functional areas.

A Corus spokesperson said, CPP plans to reduce its capacity from 1.5 million tonnes to 1.2 million tonnes by the year end.

"Every reasonable effort will be made to minimise the impact on jobs and affected employees will be offered alternative employment in the UK with Corus Strip Products. A consultation process is underway," she said.

Currently, Trostre employs 761 persons.

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