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Posco to hold January stainless steel price flat--The 19th China(Guangzhou)Int'l Stainless Steel Industry Exhibition
1/3/2018 Stainless Steel Exhibition |
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It is reported that Posco to keep January stainless steel products delivery prices flat, but would be increased the new contract in January. Although the January to February prices have actually entered the stage of adjustment, Posco would also carry out overhaul in Match this year, the current inventory was ready to be completed, and it is expected to affect the future supply would not have too much impact.
In December of 2017, South Korea's local stainless steel market price weakness, it was widely believed that the current trading price has reached the bottom, and it is expected to have a small rebound. In addition, Posco to reduce the burden of falling prices, and also holding inventory at lower level.
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