Author: Anvita Pandey
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POSCO to hike stainless steel prices in Sept’21 on raw material cost push
One of the world’s largest steelmakers, South Korea’s Pohang Iron and Steel Co Ltd (POSCO) has decided to hike its stainless steel (SS) prices by 100,000 won/tonne ($86.36/t) for the 300 series and 50,000 won/t ($43.18/t) for 400 series in Sept’21 due to rising global raw material prices. According to SteelDaily, POSCO explained that the…