SS coil prices decrease in Taiwan

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 110,000-113,000/mt ($3,621-3,719/mt), including five percent VAT, for late August shipments. 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 112,000-117,000/mt ($3,687-3,851/mt), including five percent VAT, also for late August shipments. The SS HRC and SS CRC prices indicate decreases of NTD 2,000-3000/mt ($66-99/mt) and NTD 3,000-4,000/mt ($99-132/mt) respectively as compared to the previous week.