Posted on 10 Oct 2007
Yonhap reported that South Korean steel maker POSCO Co would increase its price of ship building quality plates by 10% later this month as costs of raw materials rise.
POSCO Co in a statement said that starting October 25th 2007, it would hike the price of steel plates to KRW 665,000 (USD 727) per tonne from KRW 605,000.
