SS coil prices decline in Taiwan

SteelOrbis has been informed that the price of SUS304 stainless steel hot rolled coil of 3-5 mm thickness in the local Taiwanese market is being quoted at NTD 118,000-126,000/mt ($3,874-4,137/mt), including five percent VAT, for early June shipments. On the other hand, the price for SUS304 (2B) stainless steel cold rolled coil of 0.8-1.5 mm thickness is at NTD 124,000-134,000/mt ($4,137-4,400/mt), including five percent VAT, also for early June shipments. The SS HRC prices indicate a decline of NTD 2,000/mt ($66/mt) as compared to the previous week. On the other hand, SS CRC prices indicate a decline of NTD 2,000-4,000/mt ($66-131/mt) as compared to the previous week.