Complex sentence: In the recession beginning in mid- 2008 the worldwide price of steel halved over a period of 6 months, steel production world-wide reduced and in the UK the blast furnace at Teesside Steelworks Corus was eventually shut down on 19 February 2010.
Split into simpler sentences: In the recession beginning in mid- 2008 the worldwide price of steel halved over a period of 6 months. As a consequence steel production world-wide reduced and in the UK the blast furnace at Teesside Steelworks Corus was eventually shut down on 19 February 2010.