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Posco SS cuts stainless steel wire rod and bar prices for June
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Reportedly, South Korean Posco Specialty Steel (Posco SS) announced to cut the domestic prices of its austenitic stainless wire rod and bar for June contracts in response to lower nickel prices.
The South Korean firm will reduce the domestic prices for stainless steel wire rod and bar by 100,000 won/ton and 200,000 won/ton respectively for June.
However, the company didn’t reveal the detailed price information.
News Date
5/30/2012 1:28:11 PM
reported by
Nann Cheng
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