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Corus to mothball Teesside plant

Corus is to mothball its Teesside Cast Products Plant at the end of January 2010, after efforts to find a long-term solution to rescue the plant failed. The plant, which employs 2,300 people, will make 1,700 people redundant after the announcement today that it will be closing TCPs Redcar blast furnace, Lackenby steelmaking and South Bank coke ovens. Initially, it was thought that another 600 people ...