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20 April 2019 The on-line newspaper devoted to the world of transports 12:23 GMT+2

February 11, 2019

Shipbuilders protest planned price hikes in thick plates

By Jun Ji-hye
The Korea Times

Shipbuilders here are protesting a move by steelmakers to increase their prices of thick steel plates, claiming the hike will worsen their profitability at a time when they are still struggling with sluggish global demand, according to company officials Monday.
The two groups have engaged in an intense tug-of-war on the steel price hike since December, but have yet to reach an agreement ......
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