Distribution Market Price for Imported Reinforcing Bars Exceed 700,000 Won

摘要

In the wake of Hyundai Steel's increase in the price on its reinforcing bars to 691,000 won per ton on January 28, distribution market prices for domestic reinforcing bars have neared 700,000 won per ton. In this connection, distributors of imported reinforcing bars have raised their selling prices up to a range between 710,000 and 730,000 won per ton (based on the delivery to customers and the payment in cash).