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South Korea: POSCO raises stainless steel prices in Feb'26 on cost pressures

Source: BigMint Feb 05, 2026 10:00

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Rally in raw material prices pushes up production costs. Global majors' pricing cues, stronger KRW influence decision

POSCO has announced a price increase of KRW 200,000/t for February shipments of 300-series stainless steel, citing sustained upward pressure from raw material costs and a persistently strong exchange rate. The move reflects mounting cost burdens across the global stainless steel supply chain, leaving mills with limited flexibility to

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