Daewoo Shipbuilding and Marine Engineering, the worlds third-largest shipyard, may increase prices this year to pass on higher steel-plate costs to customers.
The increase will be a small one, Chief Executive Officer Nam Sang-tae told reporters at a shareholders meeting yesterday in Seoul.
Steelmakers including Posco plan to charge more for products as they will probably have to pay as much as 71 percent more for iron ore.
The increase will be a small one, Chief Executive Officer Nam Sang-tae told reporters at a shareholders meeting yesterday in Seoul.
Steelmakers including Posco plan to charge more for products as they will probably have to pay as much as 71 percent more for iron ore.