Corus completes Port Talbot project
Corus Group PLC completed the project worth £79 million at its Port Talbot steel complex in South
Wales.
The project includes a continuous
slab caster that will increase the annual
slab production by 25% to 5 million tons.
Through this
slab plant, Corus will be able to supply
slab to its Welsh steel rolling mill, rather than to ship it from Teesside.
The investment is expected to improve competitiveness of Corus'
UK carbon steel assets.
The project is a part of capex program worth more than £200 million in South
Wales.