South Korea-based steel mill POSCO has not changed its domestic austenitic stainless steel and its ferritic stainless steel list prices for December orders from November levels.
Accordingly, POSCO is still offering 304 series hot rolled coil (HRC) to its domestic market at KRW 3.5 million/mt ($3,232/mt), while its local prices for 304 series cold rolled coils (CRC) are at KRW 3.77 million/mt ($3,481/mt). In the meantime, the producer's domestic prices for 430 series HRC and CRC are still standing at KRW 2.04 million/mt ($1,884/mt) and KRW 2.42 million/mt ($2,235/mt) respectively. All prices are on ex-works basis.
$1 = KRW 1,083
POSCO keeps domestic stainless steel offers stable for December
Marketplace Offers
Hot Drawn Stainless Plate
Thickness: 2 - 6 mm
Width: 1,000 - 1,500 mm
Length: 2,000 - 6,000 mm
MAIAK-M
Thickness: 2 - 6 mm
Width: 1,000 - 1,500 mm
Length: 2,000 - 6,000 mm
MAIAK-M
Cold Drawn Stainless Plate
Thickness: 0.5 - 3 mm
Width: 1,000 - 1,250 mm
Length: 2,000 - 2,500 mm
MAIAK-M
Thickness: 0.5 - 3 mm
Width: 1,000 - 1,250 mm
Length: 2,000 - 2,500 mm
MAIAK-M
Hot Drawn Stainless Coil
Thickness: 0.45 - 1.45 mm
Width: 0 mm
Coil: R
SAMBHV SPONGE POWER LIMITED
Thickness: 0.45 - 1.45 mm
Width: 0 mm
Coil: R
SAMBHV SPONGE POWER LIMITED