Author: Faizan Khan
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South Korea: POSCO to raise stainless steel prices in June
POSCO will increase the price of 300 series products by KRW 100,000/t ($78/t) in Jun’22 in consideration of factors such as increasing foreign exchange rates and rising energy purchase costs, as per a SteelDaily report. However, the prices of 316L and 400 series products were frozen in May, as POSCO froze the price of 300…