Korean section steel producers hike March prices further

Publish time: 5th March, 2013      Source: ChinaCCM
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It's reported that the Korean section steel producers announced to hike the ex-factory prices for March to reflect higher input costs, in spite of weak demand.

Hyundai Steel increased the prices of section steel by KRW30, 000/ton from March 1st and Dongkuk Steel hiked the prices by KRW30, 000/ton as well from March 4th.

The price rise for section steel made by Korean steelmakers reached KRW60, 000/ton in the current two months.