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01 Jun
04:57

Taiwan stainless steel prices keep rising in June

Taiwanese stainless steel producers raised their offers in June as the market expected. This is mainly due to raw material prices increasing, including nickel, chromium and stainless scrap prices, Kallanish notes. The major two stainless producers Yieh United Steel (Yusco) and Tang Eng have announced they will lift their domestic sales prices for stainless 300 series hot rolled and cold rolled products by TWD 1,000/tonne ($33.4/t). Meanwhile, export…
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