SteelOrbis has been informed that in the local Taiwanese market the price of stainless steel SUS304 (2B) cold rolled coils of 0.8-1.5 mm thickness is being quoted at NTD 92,000-94,000/mt ($3,193-3,263/mt), including five percent VAT, for late July and early August shipments. The prices, which are on ex-warehouse basis, have increased by NTD 2,500-3,500/mt ($87-122/mt) as compared to the previous week.
US$1 = NTD 28.81