SteelOrbis has been informed that in the local Taiwanese market the price of SUS304 stainless steel hot rolled coils (HRC) of 3-5 mm thickness is still being quoted at NTD 70,000-72,000/mt ($2,366-2,434/mt) ex-warehouse, remaining unchanged since last week.
On the other hand, the price of SUS304 (2B) stainless steel cold rolled coils (CRC) of 0.8-1.5 mm thickness has decreased by NTD 2,000/mt ($68/mt) since last week and now are standing at NTD 71,000-72,000 /mt ($2,400-2,434/mt) ex-warehouse.
The prices include five percent VAT and are for end of October shipments.
US$1 = NTD 29.58