Accreditation Administration System:
Today Posco reported their fourth_quarter price policy,maintaining the same price as the third quarter¡¯s. Before
South korean steel industry predicted that Posco would cut fourth_quarter prices,but now Posco decide to
maintain their third quarter price owning to market condition changes.
The exw price of hot rolled coils shall be 900,000 won/ton (784usd/ton),the exw price of cold coils is 1.02
million won/ton (889usd/mt),the plate price is 950,000won/ton (829usd/ton), wire rod price is 940,000won/ton
(819usd/ton).This price is still higher than chinese market.
Information Dept.from Yusheng Iron and Steel
