POSCO to raise plate prices

Wednesday, 19 November 2003 11:51:31 (GMT+3)   |  

POSCO to raise plate prices

South Korean giant steelmaker POSCO is planning to hike domestic prices of steel plate by about 14% due to a rise seen in import prices. The domestic prices of plate will be increased to Won 455'000/mt (approx. $387) from Won 400'000/mt (approx. $340). The price increase will be valid from December 1, 2003. POSCO officials stated that sales volume of plates accounted 13% of company's total domestic sales in 2002.
Tags: Plate Flats 

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