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Steel sales show surge at Arcelor

THE WORLD'S largest steel producer, Arcelor, has revealed a huge surge in demand for its columns and beams during the past three months.

It said that sales of long carbon steel products, including universal beams and columns, had rocketed by 41 per cent during July, August and September.

The strong performance of its long products boosted sales at the Luxembourg-based specialist by more than £1 billion.

Arcelor made a net profit of £440 million on its overall third-quarter sales, up from £70 million in the same period last year.