NZ Steel 'emotionally committed' to coal from Solid Energy

Tue, 25 Sep 2012

By Pattrick Smellie Sept 25 (BusinessDesk) - New Zealand Steel is "emotionally committed" to renewing its coal contract with the troubled state coal miner, Solid Energy, says the Australian-owned steel manufacturer's chief executive, Simon Linge. With a rash of closures, redundancies and cost-cutting by other big industry players like Solid Energy, KiwiRail, Norske Skog's Kawerau pulp and paper mill, and Rio Tinto's Bluff aluminium smelter, Linge told BusinessDesk the business was "as secure as we can be for our future." Some 1,000 people ar...

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