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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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Price Curve

Daily Prices

Major steel product prices: Guangdong

Jun 03, 2026 17:44
Construction steel procurement prices: Shenzhen

Jun 03, 2026 17:44
Construction steel prices: Shenzhen

Jun 03, 2026 17:42
Plate prices: China's major cities

Jun 03, 2026 17:39
Major steel product prices: Zhengzhou

Jun 03, 2026 17:39

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