Posco raises stainless steel prices by 9.2%

Posco raises stainless steel prices by 9.2%

South Korea's POSCO, the world's No. 4 steelmaker, said on Monday it had raised prices of stainless steel products for a third straight month on rising raw material costs and to match global competitors.
It said in a statement that April prices of hot-rolled
stainless steel products rose 9.2 percent to 3.55 million won ($3,162) a tonne, and cold-rolled product prices were increased by 300,000 won to 3.82 million won a tonne.



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