Hyundai Steel says to raise hot-rolled plate price

Newswire

SEOUL, Feb 25 (Reuters) - Hyundai Steel , South Korea's second-largest steel maker, will increase prices of hot-rolled coil from March, reflecting higher raw material prices, the steel maker said on Monday. Local media reports said on Friday the company was making the increase. The unit of Hyundai Motor Group will increase prices by 60,000 won ($63.35) a tonne, or 9.4 percent, to 700,000 won per tonne, a company spokesman said. The company had recently raised the prices by 60,000 won in ...

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