British steelmaker Corus is to restart production at its Llanwern, Wales-based hot rolling mill, thanks to an upsurge in the price of steel.
Production halted at the 3m annual tonne capacity plant in January, with a lack of demand and the high cost of operation prompting Corus to announce the loss of 528 jobs. The reactivation is not expected to reverse these redundancies, with the plant retaining its staff of 750 employees, of which approximately 500 are in…
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