Corus to launch Russia steel plate plant in 2009


MOSCOW, June 21 (Reuters) - Corus, the Anglo-Dutch steel maker owned by India's Tata Steel , will launch a plant in Russia in the first quarter of 2009 to produce steel plate, the CEO of its partner in the project, Stadco, said on Thursday. British firm Stadco, a supplier of body-in-white products to the auto sector, will use the steel produced by Corus and supply products to Ford Motor Co.'s plant near St Petersburg, CEO Andrew Morris told reporters.

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