News
POSCO to raise steel prices by at least 20pct in Q2 2010 - 12 Mar, 2010
Reuters reported that POSCO will raise major steel product prices in the second quarter of 2010 by at least 20% due to higher raw material costs.

Mr Hwang Eun yeon SVP in charge of marketing strategy at POSCO said in an interview with Reuters that POSCO could not help but make its steel product pricing mechanism more short term if benchmark prices of raw material imports were determined on a shorter term basis.

(Sourced from www.reuters.com)



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Price Index - China
  07-Feb 06-Feb
CLPPI 7548 7560 Down
CFPPI 6716 6716 Same
CHISPI 7076 7082 Down
Currency Rates
07 Feb, 2012
USD 1.0000
AUD 0.9271
BRL 1.7265
CAD 0.9967
CNY 6.3080
EUR 0.7630
GBP 0.6326
INR 48.9568
JPY 76.7271
RUB 30.1180
ZAR 7.5677
Source: http://www.xe.com
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