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07Oct93 UK: ALPHA STEEL TO CHALLENGE TOP REBAR PRODUCERS.

Steel producer Alpha-steel's new rebar mill threatens a renewal of price uncertainty for rebar outlets and contractors.The Newport company has opened a huge rebar mill to try to break the stranglehold of Britain's two leading players, Allied Steel and Wire and Sheerness Steel.Steel users and commentators say the extra capacity is likely to undermine the price increases which the existing producers have managed to sustain this year.Three rises have taken rebar prices up by around 40 ...

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