02
Mar
13:16
Posco keeps March stainless steel quotes unchanged
South Korean steelmaker Posco has kept its prices for both 200 and 300 series stainless steel products unchanged for March, Kallanish notes.
Quotes for 316L products, however, were the only group to see an increase, by KRW 250,000/tonne ($190/t). This is due to soaring molybdenum prices.
Last week, Taiwan’s leading stainless steelmakers, including Walsin Lihwa, also chose to freeze their prices for March. Manufacturers are helpless in the face of low demand…
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Anonymous
Very good overview of the weekly steel market.
Anonymous