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03Sep92 UK: BRIGHTER GLINT FOR STEEL PRICE HOPES.

Steel prices rose 2 per cent in the three months to July reversing the downward trend in the past two years.Prices are still not viable for the industry, said the British Constructional Steelwork Association, but it added that its analysis shows the tide has turned.The collapse of steelwork contractors - such as Graham Wood, a major player in the sector which went into receivership in July - has trimmed supply, said BCSA president Allan Collins.But he said there was a more realistic ...

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