Posco, the Korean steel giant Posco announced to leave it list prices for austenitic hot rolled coils (HRC) and cold rolled coils (CRC) unchanged for June.
The Korean steel giant expected that the unchanged prices will help to stabilize market in spite of weak nickel prices the over past months.
After the announcement, its list prices for 304 grades HRC and CRC are at KRW3.5 million/ton and KRW3.77 million/ton respectively. Its prices for 430 grades HRC and CRC are at KRW2.14 million/ton and KRW2.52 million/ton.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64763&division=A1
