SteelOrbis has been informed that in the local Taiwanese market the price of stainless steel SUS304 hot rolled coils of 3-5 mm thickness is being quoted at NTD 95,000-98,000/mt ($3,271-3,375/mt), including five percent VAT, for late February shipments. The prices, which are on ex-warehouse basis, indicate a decrease of NTD 2,000/mt ($69/mt) as compared to the previous week.
US$1 = NTD 29.04