Taiwan’s YUSCO cuts stainless steel prices for July

Thursday, 28 June 2012 16:33:01 (GMT+3)   |  

Yieh United Steel Corporation (YUSCO), one of Taiwan's leading stainless steel producers, has announced that for July deliveries it has reduced SUS300 series flat steel product domestic prices by NTD 1,500/mt ($50/mt), while it has also cut its SUS400 series product prices by NTD 1,000/mt ($33/mt). The new prices are at the following levels: 

Product

Price

Stainless steel

SUS304 No.1 (HRC)

2.5-3.0 mm

NTD 88,500-89,500/mt ($2,955-2,988/mt)

Stainless steel

SUS304 2B (CRC)

2.0 mm

NTD 93,000-94,000/mt ($3,105-3,139/mt)

Stainless steel

SUS316L 2B (CRC)

2.0 mm

NTD 138,500-139,000/mt ($4,624-4,641/mt)

Stainless steel

SUS430 2B (CRC)

2.0 mm

NTD 54,000-55,000/mt ($1,803-1,836/mt)

All the above prices exclude five percent VAT and are on actual weight basis and ex-works, for July deliveries.

In the meantime, YUSCO‘s 2.0 mm stainless steel SUS304 2B (CRC) export prices have decreased by $30-50/mt to $2,750-2,850/mt FOB for shipments in June and July.

$1 = NTD 29.95


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