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South Korean steel mills, said hot rolled coil price to be successful

South Korean steel mills increase since May, the ex-factory price of hot rolled steel price increases of recent market rumors have failed, while the steel mills that did not fail. POSCO said that the thermal volume ex-factory price in May than in the first quarter average price rose to 30,000 won / ton. POSCO also said that price negotiations still underway with a number of customers, but most customers accept price increases. "Hyundai Steel said that" the price of hot rolled up 30,000 won / t orders to reduce price increases. eastern iron prices successfully raised by 2-3 million won / ton. "


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