Tag: South Korea: POSCO
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South Korea: POSCO, Hyundai Steel to keep HR prices unchanged for Feb’22
Major South Korean mills POSCO and Hyundai Steel are likely to keep their hot rolled (HR) prices unchanged for Feb’22 domestic sales due to rising raw material and other input material costs. For instance, the price of Australian iron ore (62% Fines, CFR) rose to $130/t and coking coal prices are still continuing to rise…