Tag: STS price increase Korea
-
South Korea: POSCO’s February stainless steel price hike looms as cost pressures intensify
Nickel surge sharpens cost pressure Import risk to shape pricing decision SteelDaily: POSCO is widely expected to announce a stainless steel (STS) price hike for February, after keeping prices unchanged in January to stabilise the domestic market. Rising raw material costs and currency headwinds have now strengthened the case for an upward revision, with market…