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 91,000-93,000/mt ($3,155-3,224/mt), including five percent VAT, for early and mid-August shipments. The prices, which are on ex-warehouse basis, have increased by NTD 1,000/mt ($35/mt) as compared to last week.
US$1 = NTD 28.845