POSCO to sell stainless steel products in stock directly to end-users
In an attempt to get closer to end users, South Korean steel producer POSCO has decided to sell its stainless steel products in stock directly to end users and designated steel service centers, in addition to the existing method of e-sales by auction.
South Korea's Posco said Friday it will cut stainless steel product prices by up to 14% this month to narrow the gap with cheaper imports.