S. Korean shipbuilders worried about steel prices

Thursday, 13 January 2005 09:58:32 (GMT+3)   |  

S. Korean shipbuilders worried about steel prices

According to recent news in the market, South Korean shipbuilders are concerned about the possible price hikes that will be put into effect by the Japanese steel producers. The Korea Shipbuilders Association stated that Japanese steel producers plan to increase steel prices by $100 to $700 per ton and it seems impossible that the Korean shipbuilders accept this hike.

Tags: Korea 

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