Posco steel prices unchanged in the first quarter in 2011

Posco The reason is because such decisions to maintain market stability and increase sales, according to company spokesman said.

Thus, the price of hot rolled steel and cold rolled coil in turn will cost 900,000 won per ton (783 tonne) and 1.02 million won per ton. Thick steel plates also cost 950,000 won per ton.

Decision of the Posco price adjustment completely different from the major manufacturers in China. The leading steel manufacturers in China such as Baosteel, Wuhan Iron & Steel and Anshan Iron & Steel announced it would raise steel prices by 01 months of raw material prices soared.