British Steel starts year with £75 a tonne price hike

British Steel has started the year with an immediate effect £75 a tonne structural steel price hike.
In a letter to steelwork contractors this week, British Steel’s commercial director Ben Cunliffe blamed the continued rise in steelmaking costs in recent weeks.
It is the first significant rise in steel prices since September when prices were pushed up by £250 a tonne in two hikes over a matter of weeks.
But industry cost consultants later reported push-back from contractors wit