Every quarter, the producers of household appliance requested the mills to cut the price because of the decreasing price of final product like television and refrigeration.
The cold rolled sheet producers such as Posco said that the price cut is not acceptable due to rising raw material prices and they have no choice but to lift the price. Now they are keeping the negotiation with the producers of home appliance.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62794&division=A9
