Posco to hike HRC prices for Q3

Keyword:
Publish time: 21st October, 2013      Source: ChinaCCM
Information collection and data processing:  CCM     For more information, please contact us

Reportedly, the Korean steel giant Posco is going to finalize the price negotiation with the major buyers for the third-quarter hot rolled coil (HRC) prices.

It's said that Posco has sought to hike HRC prices by around KRW30, 000/ton due to increase steel prices in international market, higher raw material prices and weak profits.