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Posco may produce 200 series stainless steel products

24 Oct 2007 15:24 reported by Nancy

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South Korean Posco is considering to produce 200 series stainless steel, according to the company.

Currently South Korean imports around 5,000 to 10,000 tons of 200 series stainless steel products per month. Posco is said to find a way to ease the pressure of nickel costs, and they will possibly supply these products to some domestic pipe makers.

BNG Steel and INI Steel are also producing the low-nickel steel while imports are mainly from Taiwan and India.

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