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21 Jan
13:58

British Steel hikes sections by £50

British Steel has hiked its prices for structural steel sections by £50/tonne ($68) for all new orders with immediate effect, an informed source tells Kallanish. The move is thought to be the result of a further increase in production costs. The steelmaker last hiked sections prices by £30/t in November due to rising production costs (see Kallanish passim). It also reduced output of the products. A month earlier the firm implemented a £25/t …
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