News
This section contains the latest corporate news from Corus and an archive by year.
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.
Corus discussions with UK Unions on economic downturn
11 Dec 2008
The UK media this morning have reported that Corus is in discussions with the UK Trade Unions on a pay cut for employees as a means of avoiding redundancies.
Tata Steel consolidated results for first-half 2008-09
08 Dec 2008
Tata Steel on December 2 issued consolidated financial results for the first half (H1) and the second quarter (Q2) of the 2008-09 fiscal 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 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.
Corus Strip Products UK to raise strip product prices from 1 April 2008
12 Feb 2008
In a rapidly strengthening market for steel, Corus Strip Products UK will increase the prices of its flat-rolled products from 1 April by £80-£106 per tonne, depending upon specification.
Corus Increases Prices for UK Reversing Mill Plate and Structural Sections
07 Feb 2008
Corus will be increasing basis prices for RMP by £60 per tonne effective to all dispatches after 30th March 2008.
Corus Tubes announces price increase for Hybox 355 - Cold formed hollow section
05 Feb 2008
Corus Tubes has announced a price increase of £50/t for its Hybox 355 cold-formed hollow sections from the end of the first quarter.
Corus announces £60 million investment at Port Talbot steelworks in Wales
04 Feb 2008
Corus Strip Products UK, (CSP UK) has announced a £60 million investment into energy management technology at Port Talbot steelworks.
Corus Announces Appointments within Strip Products Division
31 Jan 2008
Corus has today announced three key appointments within its Strip Products Division in both the Netherlands and the UK.
Taking strategy seriously
29 Jan 2008
The 70th Corus Chess Tournament sponsored by Corus in IJmuiden for its fifth year in succession has seen its final match draw to a dramatic end after two weeks of matches.
Corus and Salzgitter formalise joint product development co-operation
18 Jan 2008
Salzgitter and Corus Strip Products IJmuiden have been working together on identifying opportunities for the application of coatings containing Zinc, Magnesium and Aluminium in selected market sectors.
Corus forms JV in Bulgaria to serve growing construction market
11 Jan 2008
Corus and Horizont Ivanov to serve local Bulgaria and neighbouring markets with Profiling Centre JV.
Corus to raise prices for aluminised strip steels
11 Jan 2008
The Aluminised Products business of Corus Strip Products UK will raise the price of its aluminised strip steel by EUR 60 per tonne for deliveries from the first quarter of 2008.
Corus at Offshore Europe 2007
23 Aug 2007
Corus is to exhibit its offshore industry products and services at Offshore Europe 2007 in Aberdeen, UK; Europe’s energy capital. The biennial conference is seen as the largest oil and gas technical event outside of North America.
Corus Group plc (the "Company" or "Corus") – Results of Court Meeting and EGM
07 Mar 2007
Results of Court Meeting and EGM
