Posco left stainless steel prices unchanged

The division of the Special Svyatno -Korean Metallurgical Company Posco - Posco Specialty Steel (Posco SS), announced that the price of stainless metal rolling in October would remain unchanged. Thus, the internal prices for stainless steel in South Korea will remain at the level of July of this year.

Recall that the production of stainless steel in South Korea in the first seven months of this year amounted to 1 million 400 thousand tons, which is 8 percent less than in the APPG-2012. This is stated in the report of the Korean Association of Cast iron and steel.