
POSCO and Hyundai Steel Co., South Korea's leading steelmakers, will cut the prices of their steel plates for cars starting next month, company officials said Tuesday, a move feared to hit their business performance this year. "In accordance with a request by our parent company Hyundai Motor, we have decided to cut steel plate prices by 80,000 won (US$74.77) per ton in March and April and by 90,000 won per ton from May to July," a Hyundai Steel official said, requesting anonymity.
GMT 17:19 2018 Thursday ,11 January
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Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
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