Yieh United Steel Corporation (YUSCO), one of Taiwan's leading stainless steel producers, has announced that for December deliveries it has increased its local SS300 series hot rolled coil (HRC) stainless steel prices by NTD 5,500/mt, its local SUS300 cold rolled coil (CRC) stainless steel prices by an average of NTD 6,000/mt and SUS400 cold rolled coil (CRC) stainless steel prices by NTD 3,000/mt, as compared to price levels for November deliveries.
The current prices are at the following levels:
Product | Price |
Stainless steel SUS304 No. 1 (HRC) 2.5-3.0 mm | NTD 67,000-67,500/mt ($2,102-2,118/mt) |
Stainless steel SUS304 2B (CRC) 2.0 mm | NTD 69,500-71,000/mt ($2,181-2,228/mt) |
Stainless steel SUS316L 2B (CRC) 2.0 mm | NTD 117,000-118,500/mt ($3,671-3,718/mt) |
Stainless steel SUS430 2B (CRC) 2.0 mm | NTD 25,800-26,800/mt ($810-841/mt) |
All the above prices are ex-works, exclude five percent VAT, and are for December deliveries.
In the meantime, YUSCO's 304 series stainless steel CRC export prices for December and January delivery have increased by $200/mt as compared to prices for November-December delivery.
$1 = NTD 31.87