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Rail Product Price Increases
Corus intends to increase its prices for rail products by 35 euro per tonne for orders placed from the 1st of January. Corus is following suit with Arcelor which earlier in November announced a slightly higher increase from January. Corus has cited higher raw material, energy and freight costs.
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Barrett Steel Acquires Precision Tube Stockholder
Barrett Steel Ltd has acquired the three Star Tube businesses located in York, Milton Keynes and Oldbury in the West Midlands.
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