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Pennsylvania Steel Technologies, Inc. Announces Price Increase On Bar Products

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    Bethlehem Steel Corporation
    For Immediate Release

    BETHLEHEM, Pa., February 16, 2000 -- Pennsylvania Steel Technologies Inc. announced today that, effective with orders promised and released for shipment March 5, 2000 and later, the price of bar products from PST's 20-inch mill will be increased $15 per ton. PST, a subsidiary of Bethlehem Steel Corporation, said the increase is needed to bring prices more in line with increases in scrap-related costs.

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