Posco leaves stainless coil prices flat for November

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Publish time: 31st October, 2012      Source: ChinaCCM
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It's reported that South Korean steel giant Posco announced to leave its list for austenitic stainless steel hot rolled and cold rolled coils unchanged for November.

After the adjustment, the firm's November list prices for 304 grade hot rolled coils (HRC) and cold rolled coils (CRC) are at 3.5 million won/ton and 3.77 million won/ton respectively.

Also, Posco remained its list prices for 430 grade HRC and CRC unchanged at 2.04 million won/ton and 2.42 million won/ton respectively.

Posco stated that as the average monthly nickel prices in October were similar to the prices in September, it decided to keep its list prices unchanged