Corus Narrow Strip will increase its Hot rolled prices in mainland EU and the UK, by 5% across the full product range for Q2 deliveries.

Richard Bell, Commercial Manager Narrow Strip said: "We are seeing an improved demand from all of our main customer sectors, and stocks are now at normal levels.

The increase reflects strong market conditions, and is fully supported by continuing healthy demand in both the UK and European markets."

On the other hand, Corus has also announced increasing UK wire rod prices by 8 to 10% on deliveries from 2nd April 2007. Gareth Beese General Manager, Sales and Marketing, stated: "Wire rod demand has improved significantly and high scrap prices and robust markets across Europe are supporting the price increase."

All News