Archive for August 12th, 2008
POSCO says to cut stainless steel prices by 10 pct
POSCO, the world’s No.4 steelmaker, said on Tuesday it would cut stainless steel prices by up to 10 percent, reversing two earlier price hikes this year, as prices of nickel, a key input in the alloy, slide. The decision follows a 25,000 tonne output reduction in July and a similar cut this [...]
Posted: August 12th, 2008 under Steel News, Steel Prices.
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