P121 CEEFAX 121 Sun 22 Feb 20:29/12
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,,,,,,,,, ISSUES, BIDS & DEALS ,,,,,,,,
■ Thf steel products giant, Guest, Keen
& Nettlefolds is linking up with the
State-owned British Steel Corporation
in the drawn steel field.
The result is a jointly-owned company,
Allied Steel & Wire, that will have a
foot planted in both private and public
sectors.
Allied, whose turnover will be in the
order of £200m a year, bri.fb together
BSC's Appleby Frodingham No 2 rod mill
and GKN's bar- and rod-making capacity,
plus its Tremorfa mini steelworks in
South Wales.
HH P I CEEFAX 122 Sun 22 Feb 20:29/12