Summary
THE sale of Teesport owner PD Ports could be affected by the possible closure of a North-East Corus steel plant.
Babcock and Brown Infrastructure (BBI) has been forced to reduce its [pounds]450m asking price to a reported [pounds]300m, according to business analysts, because of the knock-on effect of plans to mothball the Corus plant at Redcar, East Cleveland.See the full content of this document
Extract
Port Sale Could Be Hit by Corus' Woes
Teesport brings in about eight million tonnes a year for the Corus steel plant and e...
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