[email protected]

24/7 Customer Support

+86-13761906384

24/7 Customer Support

In addition to 316L raising 100,000 won, Posco decided to freeze stainless steel prices in December

In addition to 316L raising 100,000 won, Posco decided to freeze stainless steel prices in December

Posco decided to freeze prices after considering the time required for price increases for raw material prices, or the off-season time for the domestic stainless steel industry, and the cost burden of customers due to price increases. During this period, due to the continuous increase in molybdenum prices, it was decided to increase the price of 316L by 100,000 won.

Hot Rolled Stainless Steel Plate, carbon steel vs stainless steel, stainless steel prices

In December, the 300-series alloy surcharge for major European and American steel mills was raised by US$127-271, and the 400-series alloy surcharge was raised by US$50-194. The prices of main raw materials and auxiliary materials such as energy, such as nickel and chromium, rose.

The average price of LME in November was around US$20,000, an increase of US$500 from October. The price of chromium and stainless steel scrap is also in short supply, so prices continue to rise.

In order to stabilize the market, Posco plans to determine prices by closely examining the supply and demand trends of stainless steel prices at home and abroad.

Share:

Facebook
Twitter
Pinterest
LinkedIn

Contact Us For Metal Prices

Table of Contents

On Key

Related Posts

What is 45 Steel

What is 45 Steel?

What is 45 steel? No. 45 steel is a common carbon steel, where “45” indicates that its average carbon content is 0.45%. This kind of

China Carbon Steel Suppliers, China Carbon Steel Manufacturers

SPCC vs Q235: What’s the Difference?

In the field of engineering, material selection is crucial because different materials have different properties and applicable scenarios. Among steels, SPCC vs Q235 are two

Welcome