Posco: Currently Has No Plan To Raise Domestic Product Prices
July 13 2009 - 4:35AM
Dow Jones News
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