Yieh United Steel Corporation (YUSCO), one of Taiwan's leading stainless steel producers, has announced that it has decreased its local 300 series stainless steel prices for November deliveries by NTD 4,500-5,000/mt ($148-164/mt) as compared to price levels for October deliveries, while the mill has cut its 400 series stainless steel prices by NTD 500/mt ($16/mt) 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 92,000-92,500/mt ($3,019-3,036/mt) |
Stainless steel SUS304 2B (CRC), 2.0 mm | NTD 94,500-97,000/mt ($3,101-3,183/mt) |
Stainless steel SUS316L 2B (CRC), 2.0 mm | NTD 144,000-144,500/mt ($4,726-4,742/mt) |
Stainless steel SUS430 2B (CRC),2.0 mm | NTD 53,300-54,800/mt ($1,749-1,798/mt) |
All the above prices are ex-works, exclude five percent VAT, and are for November deliveries.
In the meantime, YUSCO‘s 300 series export stainless steel prices have declined by $150/mt over the same period for November-December deliveries..
$1 = NTD 30.47