Hyundai Steel to hike long products price

26. January. 2010
Yieh News

Korea's Hyundai Steel announced to lift it's price by 7.2 percent for long products on this Monday, effective from February.

The price rise is due to the rising raw material costs. Hyundai Steel also said that the rebar price will increase by 50,000 won/ton to 741,000 won/ton (US$650), H-beam price will also increase by 40,000 won/ton to 860,000 won/ton.