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UPDATE...and now Novelis drops prices too

Corus is absolutely staggered at the rate at which steel orders have fallen off and will now only pay £10 per tonne for steel packaging delivered to CanRoute collection centres throughout the UK.The price has gone down from £235 per tonne in April of this year to £95 in September and £10 as from October 20. Corus say that this dramatic reduction is due to the global economic slow-down and the resulting decline in orders for new steel products.At the same time ...