Yieh United Steel Corporation (YUSCO), one of Taiwan's leading stainless steel producers, has announced that it has increased its local 300 and 400 series stainless steel prices for April deliveries by NTD 3,000/mt ($99/mt) and NTD 500/mt ($16/mt) respectively as compared to price levels for March deliveries.
The current prices are at the following levels:
Product | Price |
Stainless steel SUS304 No. 1 (HRC), 2.5-3.0 mm | NTD 91,500-92,500/mt ($3,014-3,047/mt) |
Stainless steel SUS304 2B (CRC), 2.0 mm | NTD 94,000-97,000/mt ($3,096-3,195/mt) |
Stainless steel SUS316L 2B (CRC), 2.0 mm | NTD 141,000-142,000/mt ($4,644-4,677/mt) |
Stainless steel SUS430 2B (CRC),2.0 mm | NTD 54,800-55,800/mt ($1,805-1,838/mt) |
All the above prices are ex-works, exclude five percent VAT, and are for April deliveries.
In the meantime, YUSCO‘s 2.0 mm stainless steel SUS304 2B (CRC) export prices have increased by $30-100/mt over the same period.
$1 = NTD 30.36