POSCO leaves stainless coil prices flat for November

  • Tuesday, November 6, 2012
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  • Keywords:POSCO stainless
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[Ferro-Alloys.com]It is reported that South Korean steel giant POSCO announced to leave its list for austenitic stainless steel hot rolled and cold rolled coils unchanged for November 2012.

After the adjustment, the firm's November 2012 list prices for 304 grade hot rolled coils and cold rolled coils are at KRW 3.5 million per ton and KRW 3.77 million per ton respectively.

Also, POSCO remained its list prices for 430 grade HRC and CRC unchanged at KRW 2.04 million per ton and KRW 2.42 million per ton respectively.

POSCO stated that as the average monthly nickel prices in October were similar to the prices in September 2012, it decided to keep its list prices unchanged.
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