January 30, 2026

South Korea: POSCO freezes stainless steel prices for Jan’26 amid mixed market cues

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POSCO has decided to keep stainless steel prices unchanged for Jan’26 despite rising raw material costs and firm LME nickel prices hovering above $16,000/t. The company’s decision reflects sluggish domestic demand and a balanced supply-demand outlook. The company will continue monitoring raw material movements, global market developments, currency trends, and import dynamics, and may reassess pricing if cost-side pressures intensify.

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