Corus has announced that it will be increasing the price of reversing mill plate by GBP 80 per tonne as a result of robust global demand in all key plate consuming market sectors.

Corus in a statement said that the price change will apply to all newly booked UK deliveries of reversing mill plate dispatched from August 3rd 2008.

Mr Martin Maley director commercial for construction & infrastructure at Corus Long Products, said that “This rise has come about because demand is so robust. It is also an opportunity for us to reflect in our UK prices where prices have got to elsewhere in the European Union.”