Tag: Bank of Korea rate cut

POSCO has raised stainless steel prices by KRW 100,000/t ($68/t) for Mar’25, citing rising costs from a stronger currency exchange rate. LME nickel prices are fluctuating in the mid-$15,000 range and the exchange rate is rising due to the Bank of Korea’s recent rate cut. The company also faces extended anti-dumping measures and an imminent…