September 08, 2008

POSCO to increase 400 series SS price in February 2008

YIEH reported that South Korean POSCO is increasing prices of its stainless steel 400 series due to higher chromium price.

As per report POSCO increase the stainless steel 400 series coil and flat products price will be increased by KRW 150,000 per tonne. POSCO adjusted their 400 series price in June 2007