Tag: FX impact steel costs
-
South Korea likely to freeze Dec’25 stainless steel prices amid weak demand, exchange pressure
December STS prices likely to remain unchanged FX pressures offset cost relief from falling nickel prices SteelDaily: South Korea’s stainless steel (STS) market is expected to enter December with no price changes, as mills face a combination of rising exchange-rate pressure, weak domestic demand, and limited support from overseas markets. Industry participants anticipate that POSCO…