SteelOrbis has been informed that the price of stainless steel hot rolled coils of 3-5 mm thickness is being quoted in the local Taiwanese market at NTD 63,000-66,000/mt ($1,857-1,945/mt) ex-warehouse. The prices indicate a decrease of NTD 1,500-2,500/mt ($44-74/mt) as compared to last week.
Meanwhile, stainless steel cold rolled coils of 0.8-1.5 mm thickness are being offered in the local Taiwanese market at NTD 67,000-70,000/mt ($1,974-2,063/mt) ex-warehouse. The prices have decreased by NTD 500-1,500/mt ($15-44/mt) as compared to the previous week.
The above prices, which include five percent VAT, are for late March/early April shipments.