It’s reported that the Korean steel giant Posco will remain its prices for austenitic stainless hot rolled coils (HRC) and cold rolled coils (CRC) unchanged for July.
Posco stated that the nickel prices have fallen substantially over the past few months.
After the announcement, its list prices for 304 grades HRC and CRC are at KRW3.5 million/ton and KRW3.77 million/ton.
Meanwhile, Posco remained its list prices for 430 grades HRC and CRC unchanged at KRW2.14lion/ton and KRW2.52 million/ton respectively for July.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65138&division=A1
