Electro galvanising ends
Since 2000, as customers notably in the automotive sector, have switched to hot dip galv., the UK market for electro galv. strip has fallen by 33 per cent and the European Union market, by 22 per cent. Capacity across Europe is 6m.tonnes compared with current demand of 4m.tonnes. The cost of continuing to run the No.3 line has been a substantial drain on the business. The line closure involves the loss of 95 jobs.
Shotton’s core activity is now the production of hot dip galvanised and paint coated strip for the construction industry in the UK and overseas.
The prestigious People Development Prize of the Wales Quality Centre is awarded to Shotton in December for outstanding commitment to the education, development and welfare of employees.
Corus UK reports an operating loss of £393m. for the last financial year