POSCO raised stainless sheet price for the overseas buyers, following nickel price hike. POSCO's February shipment offer price of hot rolled stainless sheets for Japanese market was 470,000 Yen/t by increase of 30,000 Yen/t. POSCO also raised cold rolled stainless sheet price for March shipment by 30,000 Yen/t for Japanese buyers. POSCO's offer to Chinese market for CR stainless increased to $4,700/t CFR (0.5mm based) by $290/t. But, it is questionable whether the price will stick to the market. The price increase in Japan seems to be acceptable, but Chinese local price is $300-400/t lower than POSCO's offer price. sskim@snmnews.com