SS coil prices decrease 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 113,000-115,000/mt ($3,717-3,783/mt), including five percent VAT, for early August 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 115,000-121,000/mt ($3,783-3,980/mt), including five percent VAT, also for early August shipments. The SS HRC and SS CRC prices indicate a decrease of NTD 5,000/mt ($165/mt) and NTD 1,000-2,000/mt ($33-66/mt) respectively as compared to the previous week.