Corus to raise UK strip prices from October 2009

14 Sep 2009

Corus Strip Products UK will increase prices from 1 October on UK deliveries of flat rolled products to customers on monthly contracts. Basis prices will rise by £30-50/tonne, depending on specification, compared with September levels. The price rise comes as destocking in strip products in the UK draws to an end.

Ends

For further information, please contact:

Bob Jones   0207 717 4532

Notes
Corus is Europe's second largest steel producer.  With main steelmaking operations primarily in the UK and the Netherlands, Corus supplies steel and related services to the construction, automotive, packaging, mechanical engineering and other markets worldwide.  Corus is a subsidiary of Tata Steel, one of the world’s top ten steel producers.  The combined enterprise has an aggregate crude steel capacity of more than 28 million tonnes and approximately 80,000 employees across four continents.