Taiwan’s YUSCO cuts SUS 300 series stainless steel prices

Monday, 29 April 2013 17:58:41 (GMT+3)   |   Taichung

Yieh United Steel Corporation (YUSCO), one of Taiwan's leading stainless steel producers, has announced that for May deliveries it has cut its SUS 300 series stainless steel product prices by about NTD 3,000/mt ($102/mt) due to weakening demand, but kept SUS400 series price unchanged as compared to the previous month.

The current prices are at the following levels:
  

Product

Price

Stainless steel SUS304 No.1 (HRC), 2.5-3.0 mm

NTD 90,500-91,500/mt ($3,070-3,104/mt)

Stainless steel SUS304 2B (CRC), 2.0 mm

NTD 93,000-96,000/mt ($3,155-3,256/mt)

Stainless steel, SUS316L 2B (CRC), 2.0 mm

NTD 140,000-141,000/mt ($4,749-4,783/mt)

Stainless steel,SUS430 2B (CRC),2.0 mm

NTD 54,300-55,300/mt ($1,842-1,879/mt)

In the meantime, YUSCO‘s 2.0 mm stainless steel SUS304 2B (CRC) export prices have moved down by $100/mt as compared to last month and are now being quoted at $2,960-2,990/mt FOB for shipments in May and June.

$1 = NTD 29.48


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