SUHE raised the price of stainless steel in July: the 300 series increased by KRW 100000 per ton (approximately USD 88 per ton), and the 400 series increased by KRW 50000 per ton (approximately USD 44 per ton). This price adjustment is made in the context of the gradual increase in cost burden and the rise in global stainless steel prices, which may result in additional price increases, in order to stabilize the domestic market.
Suhe Iron and Steel plans to continue to alleviate the supply and demand anxiety of domestic customers through efforts to expand domestic sales and increase production.
