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POSCO Adds Selling Price by 5.5% for Stainless Steel Products in 2011
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2011-01-03
On Dec. 28, 2010, the global 3rd Largest Steel Manufacturer, POSCO indicated that the selling price of major stainless steel products will be up 5.5% in Jan in order to correspond to the improvement of market environment and increase of raw material cost. The company clams that in Jan., the selling price of hot rolled stainless steel increases KRW$200,000 to KRW$3.8 million/ ton as compared with Dec., 2010.
