S.Korea POSCO raises steel prices 6 pct from July


SEOUL, June 22 (Reuters) - South Korea's POSCO , the world's No.4 steelmaker, said on Tuesday that it would raise prices of its benchmark steel products by around 6 percent from July to reflect rising global steel and raw materials prices. Hot-rolled steel would rise by 6 percent to 900,000 won ($765.4) per tonne from 850,000 won, it said in a statement. The rise comes about two months after it raised domestic product prices by 25 percent in late April, the first price adjustment by ...

Premium Content (PAID Subscription Required)

"S.Korea POSCO raises steel prices 6 pct from July" 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!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×