SS coil prices rebound 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 115,000-118,000/mt ($3,557-3,650/mt), including five percent VAT, for mid-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 120,000-130,000/mt ($3,711-4,021/mt), including five percent VAT, also for mid-February shipments. The SS HRC prices indicate an increase of NTD 8,000-14,500/mt ($246-447/mt) as compared to the previous week. On the other hand, SS CRC prices indicate a rise of NTD 6,000/mt ($185/mt) as compared to the previous week.