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And with cheaper steel available from eastern Europe, the problem of dwindling demand for Corus has been compounded. The problems really started for Corus when a foreign consortium declined to play by the rules and take the nearly 80% of Corus''s Teessidemade steel that it
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Consortium terminates Teesside steel slab offtake agreement with Corus [UPDATE 2] Marcegaglia, Dongkuk, Duferco and Alvory have terminated their tenyear offtake agreement with Corus for slab produced at the AngloDutch steelmaker''s Teesside Cast Products (TCP) plant in the UK.
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High scrap prices and weak demand in the EU are the factors that effect Duferco to cut slab production. Also, production costs are currently higher than using a blast furnace. Duferco''s blast furnace will go on production at full capacity and EAF in La Louviere is scheduled to restart production in January 2004. However, the mill will continue to monitor the scrap market and demand for
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In 2006 Duferco formed a joint venture with the russian firm NLMK. The joint venture ended in 2011, with Duferco retaining the longproducts activities at La Louviere while NLMK kept the flat products section. Duferco ceased operations at La Louviere in 2013, with the loss of 450 jobs. The NLMK areas of the factory are still in operation.
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Duferco since 2004 Production capacity Slabs: mln TPY Slab production in FY2006*: mln tonnes Employees: 1250 Location: Marcinelle, Belgium *For financial year, ended 30 September, 2006 8Joint Venture production facilities profile (2) Duferco Clabecq (plate mill) Thick plates producer controlled by Duferco since 1997 Rolling capacity: mln TPY Plate production in FY2006*:
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Many translated example sentences containing "slab production" – SpanishEnglish dictionary and search engine for Spanish translations.
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Duferco, Marcegaglia and Imsa; "the Consortium1") million tonnes a year of slab and bloom across a wide range of specifications and applications. The bulk of TCP''s output has historically been supplied to other Corus plants in the UK and Europe. The Teesside site has 2,900 Corus employees of whom 1,700 are in Teesside Cast Products. 3. Corporate media enquiries to: Mike Hitchcock
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As demand in Europe is yet to pick up, Corus Teesside casting plant leaves no choice for the Tatas but to mothball it. Tata Steel, India''s largest and world''s eighth largest steel manufacturer
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Marcegaglia, Dongkuk, Duferco and Alvory have terminated their tenyear offtake agreement with Corus for slab produced at the AngloDutch steelmaker''s Teesside Cast Products (TCP) plant in the UK. Following the termination, Corus has been forced to open consultations that might result in a decision to mothball the TCP plant, it said.
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Duferco Asia Pte. Ltd. produces and distributes steel products. The Company offers products such as slabs, hot rolled coils, plates, cold rolled coils, wire rod, pipes, beams, and plates.
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In Western Europe, more than 75 % of total steel strapping consumption is used in basic steel and nonferrous production (steel coils, metal sheet, billets, ingots and slabs) and metal working industry (flat products, pipes and tubes, profiles), building materials industry (bricks and blocks), agriculture and forestry (lumber, wood panels), textile and staple fibre industry, in the automobile
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1 Duferco''s share of the slab offtake is purchased through Steel Invest Trading SA 2 Alvory SA is a wholly owned subsidiary of Ternium SA. End. For further information please contact: Corus Group Bob Jones 020 7717 4532. Brunswick Group
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TWO of the world''s biggest steelmakers are preparing to go headtohead in a battle which could secure more than 2,500 NorthEast jobs.
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Duferco in lizza per Teesside686137. Puoi registrarti gratuitamente a Siderweb e riceverai le credenziali per iscriverti agli eventi, scaricare i dossier, gli speciali della redazione o dall''ufficio studi. Registrandoti riceverai inoltre la WEEKLY, la newsletter con la sintesi settimanale delle notizie più importanti.
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Duferco Asia Pte. Ltd. produces and distributes steel products. The Company offers products such as slabs, hot rolled coils, plates, cold rolled coils, wire rod, pipes, beams, and plates.
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Consortium terminates Teesside steel slab offtake agreement with Corus [UPDATE 2] Marcegaglia, Dongkuk, Duferco and Alvory have terminated their tenyear offtake agreement with Corus for slab produced at the AngloDutch steelmaker''s Teesside Cast
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With a history of nearly 170 years, the iron and steel making industry on Teesside is on the verge of demise. For the last six months, the steelmaker Corus''s blast furnace and steel slabmaking plant at Redcar Teesside Cast Products (TCP) has been under threat of mothballing.
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· Tata Steel Ltd., which shut and sold part of its Teesside Cast Products unit after four of its largest customers halted orders, said it received 130 million as settlement from the violators of
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Teesside mill in England run by steel maker Corus is facing closure as a consortium of buyers has dishonoured a longterm agreement to buy about 80 per cent of produce of
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Vertalingen van het woord DUFERCO van nederlands naar engels en voorbeelden van het gebruik van "DUFERCO" in een zin met hun vertalingen: Duferco investment is een holdingmaatschappij die.
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Both Marcegaglia and Dongkuk are part of the fourmember Consortium that has a slab Offtake Agreement with Corus. The other Consortium members, Alvory SA (a subsidiary of Ternium SA) and Duferco Participations Holding Ltd (through Steel Invest Finance (Luxembourg) SA), have confirmed they will continue as Offtakers in a revised arrangement after the change in
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Steelmaker Corus is set to mothball its Teesside plant threatening the jobs of nearly 2,000 workers. Workers at the Teesside Cast Products (TCP) plant in Redcar were told the news ead of a 90day consultation. Owner Corus said the development had become "unavoidable" because of the early end to a contract with four international steel slab buyers. Steel union Community expressed "outrage
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