SteelOrbis has been informed that the price of SUS 304 stainless steel hot rolled coil of 3-5 mm thickness in the local Taiwanese market is being quoted at NTD 118,000-120,000/mt ($3,875-3,941/mt), including five percent VAT, for early/mid-July shipments. The price indicates a drop of NTD 3,000/mt ($99/mt) as compared to the previous week.
On the other hand, the price for SUS 304 (2B) stainless steel cold rolled coil of 0.8-1.5 mm thickness is at NTD 116,000-123,000/mt ($3,809-4,039/mt), including five percent VAT, also for early/mid-July shipments. The price indicates a decrease of NTD 2,000-7,000/mt ($66-231/mt) as compared to the previous week.