Monday, March 23, 2009

Steel production hits 50-year low

PRODUCTION on Scunthorpe’s Corus steelworks has hit its lowest level in 50 years, adding to fears that more jobs could go.

The gloom over the industry deepened despite the 6,000-strong workforce helping to make savings of more than £44-million since last November.

Works site director Sean Lyons said: "Our present output is at its lowest for at least the past 50 years and we can see no immediate improvement.

"The downturn in the steel industry looks like continuing throughout 2009.

"But our long-term aim is to retain the maximum capability of our workforce and save the local steel industry for future generations."

Mr Lyons said he was unable to rule out further job cuts, following the company’s decision to axe 93 local workers in January.

The site director’s warning came after 300 workers in the town’s plate mill were told their shifts would be further reduced from 19 to 15 from next month.

Read the full story at Humberside Business

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