Stainless HRC prices stable in Taiwan, CRC prices down - week 24

Thursday, 14 June 2012 11:17:07 (GMT+3)   |  
       

SteelOrbis has been informed that in the local Taiwanese market the price of SUS304 stainless steel hot rolled coils (HRC) of 3-5 mm thickness has remained unchanged as compared to last week and is still being quoted at NTD 78,000-80,000/mt ($2,604-2,671/mt) ex-warehouse.
 
Meanwhile, the price of SUS304 (2B) stainless steel cold rolled coils (CRC) of 0.8-1.5 mm thickness is now standing at NTD 77,000-81,000/mt ($2,571-2,705/mt) ex-warehouse, indicating a decline of NTD 2,000/mt ($67/mt) compared to last week.
 
The prices include five percent VAT and are for end of June and early July shipments.
 
US$1 = NTD 29.95
 

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