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 118,000-121,000/mt ($3,649-3,742/mt), including five percent VAT, for mid/late February 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 126,000-130,000/mt ($3,897-4,020/mt), including five percent VAT, also for mid/late February shipments.
The SS HRC prices indicate an increase of NTD 3,000/mt ($93/mt) as compared to the previous week. On the other hand, SS CRC prices indicate a rise of NTD 6,000/mt ($185/mt), also compared to the previous week.