South Korea's Posco (005490.SE) isn't planning to raise domestic product prices this year, but may raise export prices in the third quarter depending on market conditions, the company's chief financial officer said Monday.

He said Posco is still in talks with BHP Billiton Ltd. (BHP.AU) to finalize iron ore prices for the year that started in April, adding "we expect to conclude the deal within this month."

-By Kyong-Ae Choi, Dow Jones Newswires; 822-2198-2236; kyong-ae.choi@dowjones.com