23
Aug
08:55
Posco agrees plate price with heavy industry buyers
South Korean steel producer Posco has reached an agreement on new prices for plate for the second half of 2021 with local heavy industry companies Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries, Kallanish notes.
According to industry insiders, the steel plate base price is expected to increase to around KRW 1.1 million/tonne ($938/t), slightly lower than Posco's initial offer of KRW 1.15m/t. &quo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous