South Korea: POSCO holds stainless steel prices steady for Dec’25

POSCO, South Korea’s leading producer of stainless steel, has kept its Dec’25 stainless steel prices unchanged despite soft raw material costs and sluggish downstream buying. Market participants noted that stable pricing reflects cautious expectations regarding demand and prolonged oversupply pressures across Asia. Sentiment is likely to remain muted, as buyers continue to operate with comfortable inventories.