ID :
48389
Mon, 03/02/2009 - 08:21
Auther :

Dongkuk Steel cuts steel plate price

SEOUL, March 2 (Yonhap) -- Dongkuk Steel Mill Co., South Korea's third-largest steelmaker, said Monday it has cut steel-plate prices to reflect declines in global commodity prices.

Dongkuk will cut prices by 240,000 (US$154) to 920,000 won per ton from Monday,
the company said in a statement.
Last month, the company also cut the price of ship plates by 18 percent.
sam@yna.co.kr
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