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The UK media this morning have reported that Corus is in discussions with the UK Trade Unions on a pay cut for employees as a means of avoiding redundancies.
Tata Steel on December 2 issued consolidated financial results for the first half (H1) and the second quarter (Q2) of the 2008-09 fiscal year.
Corus Tubes has today announced proposals to extend the reorganisation process it began earlier this year.
VolkerWessels is taking full ownership of GrantRail Group, with the purchase of the 50% stake holding owned by its joint venture partner, Corus.
A major gift from one of the world’s foremost industrial groups will support fundamental and far-reaching research into one of the modern world’s most sustainable and indispensable materials.
Corus and Klesch have today announced that they have signed a non-binding Letter of Intent for the proposed acquisition of Corus’ aluminium smelters by an affiliate of Klesch.
In order to align its production levels with demand in the European market, Corus last month announced plans to reduce its third-quarter production (Oct-Dec 2008) by 1 million tonnes of crude stee
Tata Steel has entered into a binding agreement with Canadian mining company New Millennium Capital Corporation (NML) which will see Tata Steel become a strategic investor in NML.
The Company declared the standalone financial statements for Tata Steel (India) for the fiscal first quarter ended June 30 2008 on July 31 2008.
The Company declared the consolidated Gro
Corus has entered into exclusive negotiations with a new prospective buyer of its aluminium smelters in the Netherlands and Germany.