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 120,000-123,000/mt ($3,746-3,839/mt), including five percent VAT, for late February/early March 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 128,000-132,000/mt ($3,995-4,120/mt), including five percent VAT, also for late February/early March shipments.
All prices indicate an increase of NTD 2,000/mt ($62/mt) as compared to the previous week.