S.Korea's Posco hits 4-wk low on US steel tariffs plan

Dongkuk Holdings Co

02/03/2018 24:57

** S.Korean steelmaker Posco  005490.KS  falls more than 3
pct to a four-week low
    ** U.S. President Donald Trump announced on Thursday he
would impose hefty tariffs on imported steel and aluminium to
protect U.S. producers  urn:newsml:reuters.com:*:nL2N1QJ1LB
    ** Other steel shares such as Hyundai Steel  004020.KS  and
Dongkuk Steel  001230.KS  also down nearly 3 pct
    ** Broader market  .KS11  slumps 1.4 pct as of 0105 GMT

 ((Reuters Messaging: dahee.kim@thomsonreuters.com))