Ispat staff in discussions after rescue package rejected

Staff at Irish Ispat in Cork are meeting to discuss their next course of action, after the steel plant's parent company rejected a rescue package.

Staff at Irish Ispat in Cork are meeting to discuss their next course of action, after the steel plant's parent company rejected a rescue package.

Tanaiste Mary Harney travelled to London yesterday to meet the firm, but the

parent company said Irish Ispat couldn't be saved.

Today's meeting of unions and staff at Irish Ispat was called before yesterday's decision by the parent company came to light.

However, after what SIPTU refers to as the "disgraceful decision" by the company, the discussions will now focus on what to do next, as the 400 staff face the dole queues.

SIPTU says the unions and management in Cork had worked hard to come up with the rescue package, and had made stringent efforts to save the plant.

As the staff have not been paid for their last week's work, the talks will also focus on how to best approach the company to get the pay that they are owed.

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