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 110,000-115,000/mt ($3,383-3,537/mt), including five percent VAT, for late January 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 120,000-125,000/mt ($3,690-3,844/mt), including five percent VAT, also for late January shipments. The prices indicate a decline as compared to the previous week.