Tag: 300 series

POSCO has hiked 300-series stainless steel prices by KRW 100,000/t ($72/t) for Jun’24 citing surging nickel and molybdenum costs, elevated alloy surcharges at key mills abroad, and global market upticks. Unrest in New Caledonia, a major nickel hub, and potential U.S. rate cuts will bolster nickel prices. Major overseas mills raised alloy surcharges, and Chinese…