South Korea: POSCO likely to raise stainless steel prices amid cost pressures

Source: BigMint Apr 08, 2026 09:00

300-series prices expected to rise significantly in Apr. Margins under pressure in Q1 despite successive hikes

POSCO is expected to increase stainless steel prices in April, as mounting cost pressures from energy, raw materials, and currency fluctuations limit its ability to absorb expenses. Market participants indicated that the move follows a challenging Q1, where despite gradual hikes, margins remained under pressure. Cost escalation drives price hike

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