Yieh United Steel Corporation (YUSCO), one of Taiwan's leading stainless steel producers, has announced that it has increased its local 300 series stainless steel prices for June deliveries by NTD 9,000/mt ($299/mt) as compared to price levels for May deliveries, while the mill has raised its SUS316 Cr extra by another NTD 2,500/mt ($83/mt), though it has kept its 400 series stainless steel prices stable over the same period.
The current prices are at the following levels:
Product | Price |
Stainless steel SUS304 No. 1 (HRC), 2.5-3.0 mm | NTD 107,000-108,000/mt ($3,550-3,583/mt) |
Stainless steel SUS304 2B (CRC), 2.0 mm | NTD 109,500-112,500/mt ($3,633-3,733/mt) |
Stainless steel SUS316L 2B (CRC), 2.0 mm | NTD 159,000-160,000/mt ($5,275-5,309/mt) |
Stainless steel SUS430 2B (CRC),2.0 mm | NTD 54,800-55,800/mt ($1,818-1,851/mt) |
All the above prices are ex-works, exclude five percent VAT, and are for June deliveries.
In the meantime, YUSCO‘s 300 series export stainless steel prices have increased by $300-400/mt over the same period.
$1 = NTD 30.14