27 January 2010
Corporate News

Corus Long Products announces immediate price rise

In reaction to higher input costs Corus Long Products is raising prices for a wide range of its products by at least £60 per tonne.

The increase takes into account rising international demand and prices for the affected products, and will align Corus’ prices with those in the rest of Europe.

The price rise applies to all of Corus’ sections, plate, wire rod, bar, special profiles and merchant billet output and will start to take effect immediately for all orders that are not part of existing contractual agreements.

-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 demanding 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.