Tag: stainless steel alloy surcharge mechanism

South Korea: POSCO raises March stainless steel prices on higher alloy costs

Mar 3, 2026

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by

Manya Dewangan

in Stainless Steel

Global uptrend and FX pressure drive revision Strong dollar pressures imported alloy costs POSCO has increased stainless steel shipment prices for March, citing rising alloy raw material costs and exchange rate pressures. The company lifted 300-series prices by KRW 100,000/t ($68/t) and 400-series by KRW 50,000/t ($34/t). Prices for 316L Extra were also raised by…