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The Masked Tulip

Corus Back To Full Production

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The steel industry is usually first into recession and first out. The last few years have been depressing in the Welsh Corus mills but I was reliably informed today that the Welsh mills are now up to full production and going hell for leather.

They only operate like this when demand is there and the steel produced ends up in cars, washing machines, you name it.

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The depression that never was?

Could be beginning to look like that. They have good order books apparently and I hear the managers are confident things will get better.

They moth-balled a mill about a year ago which, in itself, was a costly thing to do as they basically had to cool it down over several months. Back up and running now apparently along with the others.

It is an indicator that should not be dismissed IMPO.

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And those Nu Labour shits sold out the steel plane on Teeside. Such a bunch of *****s.

Although I've been reading about a couple of buyers interested in taking the Teeside plant on, so there is still some hope for them.

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Shut down the North-east plant, so plant in wales at full speed

Mike

They produced different quality/types of steel for different markets apparently. In the past 2 years they moth-balled a big chunk of the Welsh stuff but it is now back up and running.

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We have yet to see the full cycle of orders throught the down turn. Long lead items like trains and power stations etc. have yet to have their down turn. If the world picks up before then the its all gravy otherwise its sh!tsville

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Steel is the type of industry that can drive a whole region's economy like Wales. Its not like the cottage industry bs which is ok for a few ok jobs.. but not something that can pay big time wages, benefits, big taxes, pensions etc..

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They produced different quality/types of steel for different markets apparently. In the past 2 years they moth-balled a big chunk of the Welsh stuff but it is now back up and running.

Melting down all scrap cars from cash-for-clunkers program? :P

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  • 140 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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