Yieh United Steel Corporation (YUSCO), one of Taiwan's leading stainless steel producers, has announced that for August deliveries it has increased its local SS300 series hot rolled coil (HRC) stainless steel and cold rolled coil (CRC) stainless steel prices by NTD 3,500/mt ($110/mt) and maintained its SUS316L series CRC stainless steel prices unchanged, while it has also kept its SS400 series CRC stainless steel prices stable, compared to price levels for July deliveries.
The current prices are at the following levels:
Product | Price |
Stainless steel SUS304 No. 1 (HRC) 2.5-3.0 mm | NTD 60,500-62,000/mt ($1,896-1,943/mt) |
Stainless steel SUS304 2B (CRC) 2.0 mm | NTD 63,000-64,500/mt ($1,975-2,022/mt) |
Stainless steel SUS316L 2B (CRC) 2.0 mm | NTD 108,500-110,000/mt ($3,401-3,448/mt) |
Stainless steel SUS430 2B (CRC) 2.0 mm | NTD 21,300-22,300/mt ($668-699/mt) |
All the above prices are ex-works, exclude five percent VAT, and are for August deliveries.
In the meantime, YUSCO’s 304 series stainless steel CRC export prices for August delivery have increased by $120/mt compared to prices for July delivery.
$1 = NTD 31.91