News

This section contains the latest corporate news from Corus and an archive by year.

Corus Tubes announces further reorganisation

28 Nov 2008

The decision has been taken to reduce employment levels at each of Corus Tubes’ principal establishments in the UK and the Netherlands.

Corus and VolkerWessels agree sale of Corus stake in Grantrail Group

28 Nov 2008

VolkerWessels is taking full ownership of GrantRail Group, with the purchase of the 50% stake holding owned by its joint venture partner, Corus.

Tata Steel Group endows Professorship in metallurgy at University of Cambridge

24 Nov 2008

Based in the Department of Materials Science & Metallurgy, the first Tata Steel Professor of Metallurgy will be Dr Harry Bhadeshia, a world renowned expert on the physical metallurgy of steels.

Corus signs Letter of Intent with Klesch for disposal of aluminium smelters

17 Nov 2008

Corus and Klesch have signed a non-binding Letter of Intent for the proposed acquisition of Corus’ aluminium smelters by an affiliate of Klesch.

Corus takes further action to align production and demand

07 Nov 2008

In order to align its production levels with demand in the European market, Corus last month announced plans to reduce its third-quarter production. Corus has now decided to extend the production cuts beyond December.

Corus opens two new state of the art facilities

30 Oct 2008

Corus has opened two new facilities at its site in Shotton, North Wales

Corus extends eastward with new presence in Bulgaria

29 Oct 2008

Corus International, the supply chain management arm of Corus, has opened a new sales office in Sofia, Bulgaria.

Tata Steel wins MAKE award for the fifth time

24 Oct 2008

Tata Steel has won the Asian Most Admired Knowledge Enterprise "MAKE Asia" award for the fifth time.

Corus acts to lessen impact of softening near-term steel outlook

16 Oct 2008

Tata Steel Group unit Corus is to take decisive action to mitigate the effects of the softening near-term steel demand outlook.

Corus and Vale sign new long-term iron ore supply contract

16 Oct 2008

Corus UK Ltd and Companhia Vale do Rio Doce (Vale) have signed a contract under which Vale will supply Corus’ plants in Europe with almost 63 million metric tonnes of iron ore over five years

Tata Steel India wins Deming Application Prize 2008

07 Oct 2008

Tata Steel India has become the first integrated steel company outside Japan to be awarded the Deming Application Prize for excellence in Total Quality Management.

Corus develops new low cost armour steel

03 Oct 2008

Corus has been working with the UK Ministry of Defence to develop a new high-strength armour plate steel at a lower cost.

Tata Steel enters into agreement with Canadian Mining company NML

01 Oct 2008

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.

Corus introduces energy surcharge on engineering steels

09 Sep 2008

Corus is introducing an energy surcharge system that will apply across its engineering steels product portfolio from October 1.

Tata Steel Group Q1 results

28 Aug 2008

Consolidiated Q1 results for the 08/09 financial year for the Tata Steel Group.

Corus announces new initiative for disposal of aluminium smelters

21 Aug 2008

Corus has entered into exclusive negotiations with a new prospective buyer of its aluminium smelters in the Netherlands and Germany.

Corus reviews customer payment terms

05 Aug 2008

Corus is continuing to see unprecedented market turbulence in the steel supply chain, with increasing input cost pressures in areas of raw materials, shipping and energy.

UK Structural Sections Price Increase

23 Jul 2008

Corus Construction & Industrial will increase the UK basis price of structural section by £60 per tonne, effective to despatches from 28th September 2008.

Corus announces UK reversing mill plate price increase

09 Jul 2008

Corus has announced it will be increasing the price of reversing mill plate by £80 a tonne as a result of robust global demand in all key plate-consuming market sectors.

Ultra-Low CO2 Steelmaking Project (ULCOS)

18 Jun 2008

Corus is pleased that a web site has been published explaining the background to ULCOS

Corus Strip Products announces price increases in the UK

17 Jun 2008

Corus Strip Products will increase the basis prices of its flat-rolled products in the UK by at least £150 per tonne

Corus announces price increases for UK reversing mill plate and structural sections

28 May 2008

Corus Construction & Industrial has announced increases in the price of UK reversing mill plate and structural sections.

Corus Strip Products to raise base prices for quarterly contracts in mainland Europe

21 May 2008

"Given tight market conditions and extreme cost increases for raw materials, Corus Strip Products announces an increase in its base prices for Quarterly contracts in Mainland Europe by a minimum of 130 euros per tonne, with effect from 1st July 2008."

Cogent Power announces price increase for Electrical Steels from July 2008

20 May 2008

Cogent Power, a wholly owned subsidiary of Corus, is announcing an increase in prices for non-oriented fully finished electrical steels to apply on all deliveries confirmed for delivery on or after July 1st 2008.

Corus in IJmuiden launches MagiZinc®: the next step in metallic coating

06 May 2008

International steel producer Corus is to launch a new hot-dip zinc-based metallic coating with superior corrosion properties. Corus is the first mover in the European market.

Corus announces price increases for reversing mill plate and structural sections

23 Apr 2008

Corus Construction & Industrial based in Scunthorpe has announced increases in the price of reversing mill plate and structural sections.

Tata Steel’s Dr. Mukherjee awarded the IOM3 Bessemer Gold Medal

22 Apr 2008

The Institute of Materials, Minerals and Mining in the UK has awarded Dr. Tridibesh Mukherjee, Tata Steel Group Director, Integration and Development, the 2008 Bessemer Gold Medal for his service to the steel industry.

Corus announces packaging business reconfiguration

18 Apr 2008

Reconfiguration of packaging business.

Corus to raise engineering steel prices from 1st May 2008

20 Mar 2008

Due to the continued strong growth in global steel demand, Corus Engineering Steels (CES) is currently experiencing significant increases in input costs and as a result will be raising prices for Bright Bar sales in the UK.

Corus warns of significant cost pressures, further impacting wire rod prices

12 Mar 2008

Following a statement on 29th Feb that wire rod prices in the UK will increase by £70 - £90 per tonne on deliveries from March 31st, Corus today warned that higher coal prices will push wire rod prices substantially higher for deliveries from April 28th.

Corus' Distribution & Building Systems Division re-organises Building Products Activities under 'one roof'

06 Mar 2008

Corus' Distribution and Building Systems Division (CD&BS) will bring together its existing European building products activities, which had been previously organised regionally, under one Business Unit to be known as 'Corus Building Systems'.

Corus to supply steel for Royal Navy's new aircraft carriers

04 Mar 2008

Corus Construction & Industrial has beaten off international competition to win a contract to supply steel for the Royal Navy’s two new aircraft carriers.

Corus increases prices for wire rod products

29 Feb 2008

Corus is increasing UK wire rod prices by £70 - £90 per tonne on deliveries from March 31st 2008.

Corus raises strip products prices in Europe with effect from 1 April 2008

15 Feb 2008

Following the announcement of Corus Strip Products UK on 12 February 2008, Corus Strip Products IJmuiden announces that it will increase its base prices in Europe with effect from 1 April 2008 for hot rolled, cold rolled and hot dipped galvanized products by up to EUR 100 per tonne, depending on the product.

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