Teesside Cast Products
The Teesside Cast Products (TCP) business produced semi finished steel in the form of ‘steel slabs’.
However, Corus was forced to partially mothball TCP as the result of a decision in April 2009 when a consortium of four international steel slab buyers reneged on a binding 10-year Offtake Agreement, that was not due to expire till the end of 2014.
The partial mothballing of TCP started on 19 February 2010.
TCP’s Redcar and Southbank Cokeovens, the Redcar Wharf and parts of the power and energy operation continue to operate. More than 700 people will continue to work at TCP, including an expert team who will keep the plant in a state ready for restart.
Recent releases relating to TCP can be found below.
Teesside Cast Products – Myths and Facts
06 Mar 2010
In recent weeks the partial mothballing of Teesside Cast Products, which was announced in December 2009 and started on February 19 2010, has received plenty of media attention. Much of the coverage and comment has served to distort a proper understanding of the events that led up to the decision and of related issues. This document sets out the facts and debunks the myths.
£8.3 million steel support package announced
05 Mar 2010
UK Steel Enterprise, the Corus subsidiary that helps the economic regeneration of communities affected by changes in the steel industry, has announced an £8.3m package of support measures, in the wake of the job losses on Teesside.
Joint Statement from Teesside Cast Products Management and Trade Unions
15 Jan 2010
Corus has today agreed to the Trade Unions’ request to extend operations at Teesside Cast Products (TCP) until all the raw materials currently on site have been consumed, or until the end of February, whichever is first.
Joint Statement from the Teesside Cast Products Joint Management / Trade Union Task Force
12 Jan 2010
A productive first meeting of the Joint Management / Trade Union Task Force was held today on Teesside.
Broken contract leads to mothball of Teesside plant
04 Dec 2009
An international consortium’s breaking of a binding contract has led Corus to partially implement the proposal announced in May 2009 of mothballing some of the facilities belonging to the Teesside Cast Products (TCP) business in northeast England.
Teesside Cast Products
Teesside Works
Redcar TS10 5QW
United Kingdom
T +44 (0) 1642 404040
F +44 (0) 1642 405333
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