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Posco lifts domestic stainless steel price
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Posoc raised its domestic stainless steel prices for February on January 29, and the price hike is between 100,000~250,000 won/ton.
It’s said that Asian stainless steel buyers have began buying after Posco announced its price hike, and Asian stainless steel price is very likely to keep strong lately.
Earlier China’s Taiyuan Iron & Steel (Tisco) and Taiwan’s Yieh United Steel Corp. (Yusco) announced to lift their stainless steel price. Tisco raised its domestic price by RMB500/ton and Yusco raised its domestic price by NT$2,000/ton.
News Date
2/1/2010 3:06:40 AM
reported by
Peter Tzeng
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