[Asia Economy Reporter Park Soyeon] POSCO stated in its third-quarter earnings conference call that "there is no significant price fluctuation in long-term contracts such as automobiles and shipbuilding in the fourth quarter," adding, "In the distribution market, prices are being adjusted according to international market rates, and export products have been reflected with increases of about 40-50%." They also mentioned, "As the operating rates of automobiles and home appliances, which faced difficulties in the second quarter, normalize, price increases can be expected."
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