Author: Drishya Yadav

Rumors are rife that POSCO’s purchase price of 304 stainless steel scrap has increased by KRW 270,000/t ($221/t) on 6 Apr’22 from levels prevailing last year, as per a SteelDaily report. The recent LME nickel price, which remained strong at $33,000/t in March, is supporting the price hike. Morever, some large retailers are likely to…