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17 Aug
09:29

British Steel increases sections prices on costlier energy

British Steel has increased structural sections prices by £100/tonne ($121) due to higher energy costs, which are affecting steelmakers across Europe, the company tells Kallanish. The firm last increased prices of structural sections for all new orders by £250/t in March due to soaring costs (see Kallanish passim). Earlier this summer, the steelmaker announced it will install a new billet caster at its Scunthorpe site by year-end, as well as upgrade t…
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