CORUS has reassured workers at its Port Talbot plant there are no plans to axe jobs, after the steel giant confirmed plans to cut steel production by up to 20% over the next three months.
Company spokesman Robert Dangerfield said that, contrary to some reports, the figure was for its entire Western European operations and not just the UK.
Corus, a subsidiary of Tata Steel, is Europe’s second largest steel producer with annual revenues of around £12 billion and a crude steel production of over 20 million tonnes.
It has plants in Holland, Germany, France, Norway and Belgium.
The company’s steel making plant at Port Talbot employs 3,500, and bosses admit it will be affected by the latest announcement.
Mr Dangerfield said: “There will be an impact (on the Port Talbot plant) but it’s not yet determined how that impact will manifest itself.
“There are no expectations of job losses.”
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