Author: Drishya Yadav
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South Korea: POSCO to cut prices of 300 series stainless steel in July
POSCO will cut the price of stainless steel 300 series by KRW 100,000/t ($78/t) and the price of imported alternative steel types by KRW 200,000/t ($155/t) in Jul’22, as per SteelDaily. POSCO has decided to cut prices of 300 series in consideration of the cost burden on customers who are suffering from delayed demand recovery…