Taiwan’s YUSCO keeps local stainless steel prices stable for March

Tuesday, 26 February 2013 17:45:26 (GMT+3)   |   Taichung

Yieh United Steel Corporation (YUSCO), one of Taiwan's leading stainless steel producers, has announced that for March deliveries it has kept its stainless steel prices unchanged as compared to the previous month due to weakening demand and recent strong inflow of import cargos from South Korea and Japan. The current prices are at the following levels:

 

Product

Price

Stainless steel

SUS304 No.1 (HRC)

2.5-3.0 mm

NTD 96,000-97,000/mt ($3,231-3,265/mt)

Stainless steel

SUS304 2B (CRC)

2.0 mm

NTD 100,500-101,500/mt ($3,383-3,416/mt)

Stainless steel

SUS316L 2B (CRC)

2.0 mm

NTD 145,500-146,500/mt ($4,897-4,931/mt)

Stainless steel

SUS430 2B (CRC)

2.0 mm

NTD 54,300-55,300/mt ($1,828-1,861/mt)


All the above prices exclude five percent VAT and are on actual weight basis and ex-works, for March deliveries.

In the meantime, YUSCO‘s 2.0 mm stainless steel SUS304 2B (CRC) export prices have moved up by $30-50/mt as compared to last month and are now being quoted at $3,110-3,140/mt FOB for shipments in March and April.

$1 = NTD 29.71
 


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