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 September deliveries by NTD 1,500/mt ($50/mt) as compared to price levels for August deliveries, while the mill has kept its 400 series stainless steel prices for September deliveries stable compared to its August delivery prices.
The current prices are at the following levels:
Product | Price |
Stainless steel SUS304 No. 1 (HRC), 2.5-3.0 mm | NTD 98,500-99,500/mt ($3,299-3,332/mt) |
Stainless steel SUS304 2B (CRC), 2.0 mm | NTD 101,000-104,000/mt ($3,382-3,483/mt) |
Stainless steel SUS316L 2B (CRC), 2.0 mm | NTD 150,500-151,500/mt ($5,040-5,074/mt) |
Stainless steel SUS430 2B (CRC),2.0 mm | NTD 54,800-55,800/mt ($1,835-1,869/mt) |
All the above prices are ex-works, exclude five percent VAT, and are for September deliveries.
In the meantime, YUSCO‘s 300 series stainless steel export prices for September deliveries have declined by $50/mt month on month.
$1 = NTD 29.86