Yieh United Steel Corporation (YUSCO), one of Taiwan's leading stainless steel producers, has announced that for November deliveries it has increased its local SS300 series hot rolled coil (HRC) stainless steel prices by NTD 2,000/mt ($63/mt), and its local SS300 and SUS400 cold rolled coil (CRC) stainless steel prices by NTD 1,500/mt ($47/mt), as compared to price levels for October deliveries.
The current prices are at the following levels:
Product | Price |
Stainless steel SUS304 No. 1 (HRC) 2.5-3.0 mm | NTD 61,500-62,000/mt ($1,944-1,960/mt) |
Stainless steel SUS304 2B (CRC) 2.0 mm | NTD 64,500-66,000/mt ($2,039-2,086/mt) |
Stainless steel SUS316L 2B (CRC) 2.0 mm | NTD 110,000-111,500/mt ($3,478-3,525/mt) |
Stainless steel SUS430 2B (CRC) 2.0 mm | NTD 22,800-23,800/mt ($720-752/mt) |
All the above prices are ex-works, exclude five percent VAT, and are for November deliveries.
In the meantime, YUSCO’s 304 series stainless steel CRC export prices for November and December delivery have increased by $80-100/mt as compared to prices for October-November delivery.
$1 = NTD 31.63