British steel group unveils £462m losses

British steel group Corus today unveiled full-year losses of £462m (€747m) and confirmed it would put its aluminium business up for sale.

British steel group unveils £462m losses

British steel group Corus today unveiled full-year losses of £462m (€747m) and confirmed it would put its aluminium business up for sale.

Corus has reduced staff numbers by around 12,000 this year, but a spokesman said no fresh redundancies were being announced today.

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