POSCO raises prices of some stainless steel in July
2020-07-03 16:15:46 [Print]
Recently, South Korea's POSCO has increased its 300 series stainless steel prices by KRW100,000/t (USD83.17/t) in July.
The company also said that due to the reduction in demand in the epidemic and in order to cope with customers, its stainless steel prices have remained unchanged since March, but due to the heavy burden of raw material costs, they now have to increase prices. POSCO also revealed that prices will be further increased when necessary.
The company also said that due to the reduction in demand in the epidemic and in order to cope with customers, its stainless steel prices have remained unchanged since March, but due to the heavy burden of raw material costs, they now have to increase prices. POSCO also revealed that prices will be further increased when necessary.