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Posco to increase stainless prices again

2 May 2007 14:29 reported by Margaret Yeh

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In order to meet the price increase for nickel, South Korea Posco plans to increase 304 stainless steel by 400,000 wow/ton from 14 May.

Therefore, the price of CR 2mm sheet is being offered at 5.996 million wow/ton at Posco.

Besides, Hyundai Steel has raised 304 CR price by 430,000 wow/ton in May, the company has raised their prices for the fourth consecutive month.

BNG Steel had also upped austenitic CR price by 430,000 wow/ton from 1 May.

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