| Announcements | ||
| POSCO not planning domestic steel price cut - Report - 27 Aug, 2008 | ||
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POSCO said that it had no immediate plans to lower steel prices after its Chinese peer Baoshan Iron & Steel cut its fourth quarter sales prices for cold rolled steel products on August 25th 2008. A POSCO spokeswoman said that "We have no plans for a price cut. Prices of stainless steel are subject to changes, but there are no such plans for other lines of products." Mr Kim Hyun tae an analyst at Goodmorning Shinhan Securities said that "POSCO's steel prices are still competitive compared to its international peers, so pricing worry is the last concern. However a weakening won currency will surely dent its operating and pre tax income, and this is weighing on the shares today." | ||
| News And Trends | ||
 | Indian iron ore spot prices decline last week | |
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| Indian iron ore spot prices decline last week | |
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| Indian iron ore spot prices decline last week | |
