SEOUL, Dec 26 (Reuters) - Hyundai Steel , South Korea's second-largest steel maker, said on Wednesday it will raise some steel products prices by up to 7 percent, reflecting soaring raw material prices. The unit of Hyundai Motor Group will increase prices of steel bars by 40,000 won ($42.62), or 6.8 percent, effective from Jan. 2. The prices of small H-beams will be raised by 7.2 percent while the prices of large metal will grow by 4 percent. Hyundai last raised prices of bars and ...
Premium Content (PAID Subscription Required)
"S.Korea Hyundai Steel to raise steel prices 7 pct" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.