Steel Closure

Steelmaker Corus has confirmed it will curtail production at its Teesside Cast Products factory, putting 1,700 people out of work.
The plant had been at risk since a 10-year deal suddenly fell through.
Business Secretary Lord Mandelson expressed his disappointment, saying it will be a "very difficult time for the workforce". -- BBC News website

"very difficult time for the workforce"... NO SH*T SHERLOCK.

What I'd like to know is why and how the "consortium" were allowed to tear up this 10 year contract?

Rant over.