Yieh United Steel Corporation (YUSCO), one of Taiwan's leading stainless steel producers, has announced that it has increased its local 300 series stainless steel prices for November deliveries by NTD 1,500/mt ($46/mt), while it has risen its 400 series stainless steel prices by NTD 1,000/mt ($31/mt), both compared to price levels for October deliveries.
The current prices are at the following levels:
Product |
Price |
Stainless steel SUS304 No. 1 (HRC), 2.5-3.0 mm |
NTD 56,500-58,000/mt ($1,742-1,788/mt) |
Stainless steel SUS304 2B (CRC), 2.0 mm |
NTD 60,000-61,500/mt ($1,850-1,896/mt) |
Stainless steel SUS316L 2B (CRC), 2.0 mm |
NTD 106,500-108,000/mt ($3,283-3,329/mt) |
Stainless steel SUS430 2B (CRC),2.0 mm |
NTD 19,800-20,800/mt ($610-641/mt) |
All the above prices are ex-works, exclude five percent VAT, and are for June deliveries.
In the meantime, YUSCO‘s 300 series export stainless steel prices have increased by $40-50/mt over the same period.
$1 = NTD 32.44