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Posco keeps stainless steel domestic prices flat for May

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Reportedly, Posco, the largest steelmaker in South Korea announced to remain its domestic list price of austenitic and ferritic stainless steel hot rolled and cold rolled products flat for May contracts.

Also, the company has kept the domestic list prices of its stainless steel products unchanged for consecutive eight months.

However, Posco stated that the discount margin to customers will be flexibly adjusted in accordance with the market situation.
News Date 02 May 2012 11:27:47 reported by Nann Cheng

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