News
This section contains the latest corporate news from Corus and an archive by year.
Corus announces further measures to improve its competitiveness
25 Jun 2009
Corus today announces additional measures that build on the restructuring programme the company announced in January 2009.
Tata Steel reports consolidated results for the financial year 2008-09
25 Jun 2009
Tata Steel Limited today declared the audited Consolidated Group Financial Results for the year ended March 31 2009.
Tata Steel UK receives Lenders' consent to reset debt covenants
29 May 2009
Tata Steel UK, a 100% indirect subsidiary of Tata Steel Limited, today received Lender approval to reset the covenants in its £3.7 billion acquisition-related senior debt facility. The Lenders voted unanimously in favour of the Company’s proposal.
Corus at the Offshore Technology Conference
27 May 2009
Tata Steel International and Corus Tubes joined forces at the world’s largest offshore resources industry event, the Offshore Technology Conference (OTC), held May 4-7 at the Reliant Park in Houston.
Tata Steel UK meets lenders
11 May 2009
Tata Steel UK, a 100% indirect subsidiary of Tata Steel Ltd, has held meetings in London and Mumbai with its banking syndicate, which participated in the debt financing for the acquisition of Corus Group plc, to pro-actively discuss the current environment and the potential future impact on some covenant requirements under the Company's debt package.
Consortium’s termination of contract triggers consultations on future of Teesside
08 May 2009
Corus regrets to announce that it has been forced to open consultations that might result in a decision to mothball its Teesside Cast Products (TCP) plant in northeast England.
Corus opens aerospace service centre in China
01 Apr 2009
Corus opened a new service centre in China to supply the country’s growing aerospace industry.
Jim Leng steps down as Corus Chairman
05 Mar 2009
Jim Leng has decided to step down as Chairman of Tata Steel Europe (Corus) on 30th March.
Tata Steel reports consolidated results for third-quarter 2008-09
27 Feb 2009
Tata Steel today declared unaudited Consolidated Group Financial Results for the quarter and nine months ended December 31 2008.
Tata Steel wins Golden Peacock award for CSR
26 Feb 2009
Tata Steel Ltd has won the Golden Peacock Global Award for Corporate Social Responsibility for the year 2009.
Corus and Elastron inaugurate Thessalonica service centre
19 Feb 2009
Corus and Elastron are today inaugurating a new joint-venture service centre in northern Greece that will focus on strip and long products.
Corus and Salzgitter cooperate on new steel product with outstanding properties
18 Feb 2009
Corus and Salzgitter announce today their successful cooperation in the product development of High Strength and Ductility (HSD®) steels.
Corus signs MoU on Teesside sale with Marcegaglia and Dongkuk
29 Jan 2009
Corus, Marcegaglia SpA and Dongkuk Steel Mill Co Ltd have today signed a Memorandum of Understanding with a view to Marcegaglia and Dongkuk jointly acquiring a majority stake in Corus’ Teesside Cast Products business (TCP).
Corus launches strategic initiative to enhance its competitiveness
26 Jan 2009
Corus today announces a series of strategic measures that will improve its competitive position.
Corus signs Share Purchase Agreement with Klesch for sale of aluminium smelters
21 Jan 2009
Corus and Klesch have signed a Share Purchase Agreement (SPA) for the acquisition of Corus’ aluminium smelters by Briand Investments B.V., an affiliate of Klesch.
New Chief Executive for Corus
08 Jan 2009
The Board of Tata Steel has appointed Kirby Adams to succeed Philippe Varin as Chief Executive Officer of Corus and of Tata Steel Europe, the holding company of Tata Steel’s European operations.
