THE £500m auction of PD Ports, owner of Tees and Hartlepool docks, has been thrown into disarray after Corus said it could close a plant that provides about a quarter of PD’s turnover.
The steelmaker, owned by India’s Tata, said nine days ago it could close its plant at Teesside. The news broke just days after half a dozen companies lodged initial bids for PD Ports.