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South Korea: POSCO raises March stainless steel prices on higher alloy costs

Source: BigMint Mar 06, 2026 10:00

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Global uptrend and FX pressure drive revision. Strong dollar pressures imported alloy costs

POSCO has increased stainless steel shipment prices for March, citing rising alloy raw material costs and exchange rate pressures. The company lifted 300-series prices by KRW 100,000/t ($68/t) and 400-series by KRW 50,000/t ($34/t). Prices for 316L Extra were also raised by KRW 100,000/t ($38/t). The revision reflects sustained cost-side

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Price Curve

Daily Prices

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Stainless round billet prices: China's major cities

Jun 12, 2026 09:10
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