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| Version 3 | Version 4 |
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| Steel plant could lose 2,000 jobs | Steel plant could lose 2,000 jobs |
| (about 1 hour later) | |
| Steelmaker Corus is to mothball its Teesside plant threatening the jobs of nearly 2,000 workers. | Steelmaker Corus is to mothball its Teesside plant threatening the jobs of nearly 2,000 workers. |
| Workers at the Teesside Cast Products plant in Redcar were told the news ahead of a 90-day consultation. | Workers at the Teesside Cast Products plant in Redcar were told the news ahead of a 90-day consultation. |
| Owner Corus said the development had become "unavoidable" because of the end of a contract with four international steel slab buyers. | Owner Corus said the development had become "unavoidable" because of the end of a contract with four international steel slab buyers. |
| Steel union Community expressed "outrage" and said it would work to secure future steelmaking on Teesside. | Steel union Community expressed "outrage" and said it would work to secure future steelmaking on Teesside. |
| Corus said the development was due to the termination of a contract by four international slab buyers which had made the Redcar plant "unviable.". | Corus said the development was due to the termination of a contract by four international slab buyers which had made the Redcar plant "unviable.". |
| The agreement was signed in 2004 and committed the consortium to buy just under 78% of the plant's production for 10 years. | The agreement was signed in 2004 and committed the consortium to buy just under 78% of the plant's production for 10 years. |
| Appalling news | Appalling news |
| Corus chief executive Kirby Adams said: "I am extremely disappointed that the consortium members have seen fit to take this irresponsible action. | Corus chief executive Kirby Adams said: "I am extremely disappointed that the consortium members have seen fit to take this irresponsible action. |
| "Their unilateral termination of a legally binding 10-year contract could bring to an end a fine heritage of steelmaking at Teesside. | "Their unilateral termination of a legally binding 10-year contract could bring to an end a fine heritage of steelmaking at Teesside. |
| My thoughts are with the men and women who work at the plant. Redcar is a fighting community, and they can rest assured that we will do all we can Redcar MP Vera Baird | My thoughts are with the men and women who work at the plant. Redcar is a fighting community, and they can rest assured that we will do all we can Redcar MP Vera Baird |
| "We regret the distress their action will cause TCP's dedicated employees, who have worked steadfastly in the interests of the consortium." | "We regret the distress their action will cause TCP's dedicated employees, who have worked steadfastly in the interests of the consortium." |
| It has started discussions with the 1,920 employees at the plant about what can be done to mitigate the impact of mothballing. | It has started discussions with the 1,920 employees at the plant about what can be done to mitigate the impact of mothballing. |
| It said any such decision was likely to lead to a significant number of redundancies. | It said any such decision was likely to lead to a significant number of redundancies. |
| Community general secretary Michael J Leahy said: "This is appalling news. We cannot believe that the consortium is taking such irresponsible action that will have a devastating effect on our members and the whole community in Teesside. | Community general secretary Michael J Leahy said: "This is appalling news. We cannot believe that the consortium is taking such irresponsible action that will have a devastating effect on our members and the whole community in Teesside. |
| "The consortium has made this disgraceful move, knowingly jeopardising the livelihoods of thousands of workers who are the innocent victims of this. | "The consortium has made this disgraceful move, knowingly jeopardising the livelihoods of thousands of workers who are the innocent victims of this. |
| "These multi-nationals have reaped hundreds of millions of pounds in profits and are now walking away from their legal, moral and social responsibilities." | "These multi-nationals have reaped hundreds of millions of pounds in profits and are now walking away from their legal, moral and social responsibilities." |
| Redcar MP Vera Baird said: "I'm absolutely furious. This consortium is happy to walk away, after our workers have been providing fabulous quality steel that has made the company a lot of money. | Redcar MP Vera Baird said: "I'm absolutely furious. This consortium is happy to walk away, after our workers have been providing fabulous quality steel that has made the company a lot of money. |
| "It is an appalling decision and I urge the consortium to come back to the table. | "It is an appalling decision and I urge the consortium to come back to the table. |
| "My thoughts are with the men and women who work at the plant. Redcar is a fighting community, and they can rest assured that we will do all we can." | "My thoughts are with the men and women who work at the plant. Redcar is a fighting community, and they can rest assured that we will do all we can." |
| Anglo-Dutch firm Corus, owned by Indian conglomerate Tata since 2007, said it was using all legal means to ensure the terms of the contract were enforced and that the four members of the consortium lived up to their contractual obligations. | Anglo-Dutch firm Corus, owned by Indian conglomerate Tata since 2007, said it was using all legal means to ensure the terms of the contract were enforced and that the four members of the consortium lived up to their contractual obligations. |
| The company said it would continue to explore any alternative options that might secure a viable future for the Teesside Cast Products site at Redcar (TCP) and its employees. | The company said it would continue to explore any alternative options that might secure a viable future for the Teesside Cast Products site at Redcar (TCP) and its employees. |
| Do you work at the Teeside plant? Are you concerned about your job? | |
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