Yieh United Steel Corporation (YUSCO), one of Taiwan's leading stainless steel producers, has announced that it has reduced its local 300 series hot rolled coil (HRC) stainless steel prices by NTD 1,500/mt ($45/mt) for June deliveries and its 300 series cold rolled coil (CRC) stainless steel prices by NTD 2,500/mt ($74/mt), while it has also has decreased its 400 series CRC stainless steel prices by NTD 500/mt ($15/mt), both compared to price levels for May deliveries.
The current prices are at the following levels:
Product |
Price |
Stainless steel SUS304 No. 1 (HRC), 2.5-3.0 mm |
NTD 57,000-58,500 /mt ($1,695-1,740/mt) |
Stainless steel SUS304 2B (CRC), 2.0 mm |
NTD 59,500-61,000/mt ($1,770-1,814/mt) |
Stainless steel SUS316L 2B (CRC), 2.0 mm |
NTD 107,500-109,000/mt ($3,198-3,242/mt) |
Stainless steel SUS430 2B (CRC),2.0 mm |
NTD 21,300-22,300/mt ($634-663/mt) |
All the above prices are ex-works, exclude five percent VAT, and are for June deliveries.
In the meantime, YUSCO's 304 series stainless steel CRC export prices have increased by $100/mt over the same period.
$1 = NTD 33.62