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POSCO maintains its stainless steel prices

South Korean steelmaker POSCO announced that it has decided to maintain stainless steel prices for May.

02.05.2023 - 13:45

POSCO maintains its stainless steel prices

The company aims to stabilize the domestic market. Therefore, POSCO decided to freeze stainless steel prices for May.

POSCO said in a statement that it has decided to maintain its 300 and 400 series stainless steel sheet prices.

According to the South Korean steelmaker, major steel companies have raised stainless steel sheet prices following a recent drop in China's stainless steel inventories. South Korea's domestic offers have increased.

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