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 97,000-100,000/mt ($3,344-3,447/mt), including five percent VAT, for late August shipments. The prices, which are on ex-warehouse basis, have increased by NTD 5,000/mt ($172/mt) as compared to the previous week.
US$1 = NTD 29.01