Hyundai Heavy agrees on NSC plate price

Wednesday, 21 February 2007 13:34:48 (GMT+3)   |  
South Korean shipbuilder Hyundai Heavy Industries Co. (HHI) has announced that it has reached an agreement with Japanese steelmaker Nippon Steel Corporation (NSC) on an increase in shipbuilding plate prices. Accordingly, HHI will pay $630/mt on FOB basis for its shipbuilding plate supplies from NSC starting from April, effective for one year.

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