20 Jun 2022 | 12:26 UTC

Correction: News: POSCO settles post-Q2 PCI contract at $396/mt FOB Australia: sources

S&P Global Commodity Insights would like to clarify published details about POSCO's post-Q2 PCI contract.

In the POSCO settles post-Q2 PCI contract news published in SBB Steel Markets Daily on June 17, it was Nippon Steel that previously settled its pre-Q2 (January-March) contracts for benchmark Australia Low Vol PCI at $418/mt FOB Australia and not POSCO.