South Korea: POSCO raises 300 series stainless steel prices by $75/t

POSCO has raised 300 series prices for March ’24 by KRW 100,000/t ($75/t), as per a SteelDaily report. The increase was driven by molybdenum’s upward trend and supply-demand dynamics. Meanwhile, 400 series prices remained stable amid rising won-dollar rates. Additionally, the 316L extra price surged by KRW 100,000/t ($75/t).