Tag: Korean won depreciation effect

High input costs, currency depreciation prompt hike Other leading producers also raise prices for Sep’25 POSCO, South Korea’s leading stainless steel producer, has increased prices of its 300 series stainless steel and 316L extra by KRW 100,000/t ($71/t) in September 2025. The decision aims to offset high raw material costs, such as from robust molybdenum…