Posco lifts stainless steel prices in September
Published: 09 Sep 2021
South Korean steelmaker Posco has lifted its stainless steel prices in September, due to higher prices for raw materials such as chromium and nickel.
Kallanish learns that the company is adding KRW 100,000/tonne ($85.7/t) and KRW 50,000/t to its 300 series stainless steel and 400 series stainless steel products respectively.
One stainless steel cold rolling mill of Posco’s is under maintenance, which is scheduled to finish on Friday. However, it is not expected to impact supply because of advanced volume adjustment and stockpiling, the company says.
By Kallanish Team
Posted in Latest Updates
NEWS
- Revista InfoAcero Marzo 2023 March 30, 2023
- Heavy steel plate prices edge down in Italy ahead of steady April; prices stable in Northern Europe March 30, 2023
- Centravis to strengthen market position in Europe March 30, 2023
- Aperam invests to reduce energy consumption March 30, 2023
- Italian service centres struggle to increase prices March 30, 2023
- German rebar buyers doubt mills’ anticipated hikes March 30, 2023
- ArcelorMittal, Bamesa to work together to reduce scope 3 emissions March 30, 2023
- Beltrame sees EU funds, green policies to sustain steel market recovery March 30, 2023
- GFG Alliance denounces move to close Aartee Bright Bar’s UK Dudley steel plant March 30, 2023
- Tata Steel Nederland to start relining No. 6 blast furnace first week April March 30, 2023
- KÜBLER joined as member of EUROMETAL March 29, 2023
- Netherlands, South Korea biggest buyers of Chinese long steel in Jan-Feb March 29, 2023
- EU mills withdraw HRC offers, preparing to raise prices March 29, 2023
- Metinvest calls for seaports opening for steel exports March 28, 2023
- Wuppermann Austria commissions new roll forming line March 28, 2023
- Barrett Steel acquires Aartee Bright Bar March 28, 2023
- Salzgitter readies ‘last ever’ blast furnace reline March 28, 2023
- Italian service centres struggle amid competition, low consumption March 28, 2023
- Hearing starts on Turkish mills` appeal against EU flat steel anti-dumping duty March 28, 2023
- European HRC prices flat but higher offers expected on tighter supply March 28, 2023
- ArcelorMittal assessing damage at Gijon steel plant in Spain March 28, 2023
- Domestic HRC prices stable in Europe, buyers show interest in imports March 27, 2023
- Spanish long product demand improves, outlook positive March 27, 2023
- CRC, HDG prices hike in Italy March 27, 2023
- Polish wire rod buyers resist higher offers March 27, 2023
- ArcelorMittal to stop Poland BF by end-March for environmental upgrade March 27, 2023
- Thyssenkrupp Materials tackles customers’ Scope 3 emissions March 24, 2023
- Kuusakoski plans carbon-free scrap plant near Outokumpu mill March 24, 2023
- ArcelorMittal Poland readies blast furnace shutdown for maintenance March 24, 2023
- Italian service centres report flats shortage, good demand March 24, 2023
- Italian longs prices stabilise, March volumes low March 24, 2023
- Italian plate prices flatten, outlook positive March 24, 2023
- No change yet in Southern Europe rebar, wire rod prices despite higher scrap costs March 24, 2023
- ArcelorMittal says extent of fire damage at Spain’s Gijon steel plant still to be determined March 24, 2023
- World Feb crude steel production down 1.0% on year on weak economy: worldsteel March 24, 2023
- Stainless Steel World Magazine – March 2023 March 23, 2023
- Spain’s 2022 imports fall but exceed 15-year average March 23, 2023
- Ferrexpo’s EU sales share grows, ore demand recovers March 23, 2023
- Thyssenkrupp resumes Steel spinoff: reports March 23, 2023
- European coil prices to stabilise mid-year: end users March 23, 2023
- Northern Europe rebar price yet to respond to significant scrap gains, wire rod edges up March 23, 2023
- Demand for CRC, HDG in Europe outpaces supply, drives prices up further March 23, 2023
- ArcelorMittal Gijon, Spain blast furnace A halted after fire March 23, 2023
- Klöckner’s largest shareholder secures 30% March 22, 2023
- Benteler secures low-carbon steel from thyssenkrupp March 22, 2023
- Zaporizhstal eyes output increase with blast furnace restart March 22, 2023
- Union criticises UK budget lack of steel support March 22, 2023
- Polish construction grows faster than expected, housing disappoints March 22, 2023
- German steel production falls again in February 2023 for 12th month of decline, WV Stahl says March 22, 2023
- EU new car sales up again in February, ACEA says March 22, 2023
Menu
Checking...
Ouch! There was a server error.
Retry »
Retry »
Sending message...
Contact Us
Fill in the form below and we will be in touch soon
Latest News
- Revista InfoAcero Marzo 2023
- Heavy steel plate prices edge down in Italy ahead of steady April; prices stable in Northern Europe
- Centravis to strengthen market position in Europe
- Aperam invests to reduce energy consumption
- Italian service centres struggle to increase prices
- German rebar buyers doubt mills’ anticipated hikes
- ArcelorMittal, Bamesa to work together to reduce scope 3 emissions
- Beltrame sees EU funds, green policies to sustain steel market recovery