SS coil prices increase 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 118,000-123,000/mt ($3,875-4,040/mt), including five percent VAT, for late June 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 123,000-125,000/mt ($4,040-4,105/mt), including five percent VAT, also for late June shipments. The SS HRC prices indicate an increase of NTD 3,000/mt ($98/mt) as compared to the previous week. On the other hand, SS CRC prices indicate a rise of NTD 9,000/mt ($295/mt) as compared to the previous week.