Posco raises Ni-stainless extras price

The climb in nickel prices has led Posco to hike the extras fees it levies on high nickel-content HR and CR coils and plates for domestic sale by 170,000 to 220,000 won per tonne (US$143 to $185 per tonne)

Posco has chosen to raise the extras charges only on higher Ni-content STS 316-series products, and will keep the base price it charges for standard grade 304 unchanged.

The extras charge for 316 coils and plates has risen from 660,000 won per tonne in November to 830,000 won, and that for...


December 08, 2003

13:36 GMT