P121 CEEFAX 121 Sun 22 Feb 20:00/10
,,,,,,,,, ISSUES, BIDS & DEALS ,,,,,,,,
■ The steel products giant, Guest, Keen
& Nettlefolds is linking up with thd
State-owned BritIsh Steel Corporation
in the drawn steel field.
The result is a bointl9 owned company,
Allied Steel & Wire, that will have a
foot planted in both private and pubHic
sdctors.
Allied, whose turnover will be in the
order of £200m a-xfar, bri&fb together
BSC's Appleby Frodang@-d No 2 rod mill
and GKN's bar- and rod-making capacity,
plus its Tremorfa mini steelworks in
South -les
,,,,,,,,, COMPANY RESULTS 125 ,,,,,,,,,