Four thousand jobs are at risk from a major blow to Britain's manufacturing industry, with the news that production at a huge steel plant on Teeside is being mothballed.
Economics Editor Richard Edgar reports on the uncertain future faced by the factory in Redcar - and the part played in that by the slowdown in the Chinese economy:
The blast furnace at the former Corus steel plant in Redcar in Teeside is to be restarted this weekend. The site was mothballed in February 2010. For more on this story visit the ITV Tyne Tees website.
The relighting of Redcar blast furnace is expected this afternoon, signalling the return of steel manufacture to Teesside in North Yorkshire.
The furnace was mothballed in 2010 but is reopening after the site was bought by Thai firm SSI. The decision has secured the jobs of around 1,600 workers.
Follow the story with ITV Tyne Tees.
The steel plant in Redcar, North Yorkshire will return to production. The site was mothballed in February 2010.
Around 1,700 workers are now employed on the site and the figure will increase to 1,800, similar to the numbers on site before it was taken over by Sahaviriya Steel Industries (SSI)
Phil Dryden, chief executive of SSI UK, called the announcement "an historic event". Follow the full coverage on ITV Tyne Tees.
Steel will be produced in Teesside once more after Sahaviriya Steel Industries' (SSI) decision to restart its blast furnace in north-east England.
The furnace in Redcar, North Yorkshire will restart at the weekend with the first iron suitable for conversion into steel produced within two or three days. The site was closed in February 2010.