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South Korea: Imported stainless steel prices face downside pressure amid weak demand

Source: BigMint Jun 25, 2026 10:00

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High-cost July arrivals likely to limit sharp price declines. Imported 304 CR prices may find support at KRW 3.4-3.5 million/t

South Korea's stainless steel distribution market is grappling with weak demand despite elevated import costs, prompting market participants to assess the potential downside for imported 304-grade cold rolled (CR) stainless steel prices during the third quarter. Imported 304 CR prices in South Korea have risen sharply this year, increasing from

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