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| TITLE |
Posco considers to adjust steel prices |
| WRITER |
administrator |
DATE |
2010-08-02 17:46:07 |
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Posco considers to adjust steel prices
Mon. Aug 02. 2010
It is reported that Posco may consider adjusting steel prices after its share prices has been fallen by 4 percent while market remains strong at this moment.
However, it could be a tough decision for Posco to give a reasonable reviewing for its cost in order to achieve significant goal by the end of 2010.
Posco’s profit has increased by 1.2 trillion won in the second quarter and most sales come from automobile industry and home appliance sectors.
However, the price issue has been raised to reflect domestic market and how to maintain the business competition will be a key point.
Source from Yieh Corp |
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