South Korea-based steel producer
POSCO has kept its domestic
stainless steel list prices for October orders stable as compared to price levels for September orders.
Accordingly,
POSCO is still offering 304 series hot rolled coil (HRC) to its domestic market at KRW 3.2 million/mt ($2,988/mt), while its local prices for 304 series cold rolled coils (CRC) are at KRW 3.47 million/mt ($3,240/mt). In the meantime, the producer's domestic prices for 430 series HRC and CRC are still standing at KRW 2.14 million/mt ($1,998/mt) and at KRW 2.52 million/mt ($2,353/mt) respectively. All prices are on ex-works basis.
$1 = KRW 1,071