POSCO, Local Rivals Set to Raise Steel Prices
SEOUL, Dec. 16 (Korea Bizwire) – POSCO Co., South Korea’s leading steelmaker, and local rivals are moving to raise steel prices in tandem with a rise in the prices of raw materials, industry sources said Friday. According to the sources, POSCO plans to raise hot-rolled steel plates by 120,000 won (US$102) per ton next month, [...]