FTSE struggles for direction

Strong gains by steel maker Corus were offset by a bout of profit taking as the FTSE 100 Index struggled for direction today.

FTSE struggles for direction

Strong gains by steel maker Corus were offset by a bout of profit taking as the FTSE 100 Index struggled for direction today.

Shares in former British Steel group Corus soared 11% to their highest level for more than five years amid reports it had held merger talks with Russian rival Evraz.

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