Not Only Economic Benefits to Restarting Blast Furnaces

Summary


Since 2009, Business Editor Owen McAteer has reported the potential negative impacts of steelmaking disappearing from Teesside.With a date set for relighting the furnace, he looks at the positive social impact its restart will have

ANYONE unfamiliar with Redcar who visited in the past six months or so could be forgiven for thinking its people are among the most upbeat in England.

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Extract


Not Only Economic Benefits to Restarting Blast Furnaces

Last week Sahaviriya Steel Industries (SSI) UK's human resources director Joanne Davies, a native Teessider, said she had noticed a lift in people's spirits.

It followed the announcement in March that the Thai firm had completed its [pounds]291m deal for Tata Steel's former Teesside Cast Products plant, not only saving 700 jobs, but creating hund...

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