Tag: South Korea: Small and medium mills find tough to hike steel prices

South Korea’s primary mills have been increasing steel prices lately on the back of soaring raw material costs, particularly in January-February, 2022. However, small and medium-sized steel manufacturers are finding it difficult to increase prices this year against CY’21. Further price hike on anvil In 2021, POSCO and Hyundai Steel increased automobile steel sheet prices…