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Steel costs rise again


CORUS will raise the price of structural steel by £20 per tonne from October.

The steelmaker is blaming the rising cost of raw materials such as coal and iron ore and has raised its prices for products including columns and beams.

It is the second price increase in the UK this year after Corus raised the price of structural sections by £20 a tonne in January.

Construction is Corus's biggest customer, accounting for around 30 per cent of its business.