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07 May
07:41

Taiwan stainless steel prices rise in May

Due to the rebound in raw materials prices, Taiwanese stainless steel producers have raised their offer prices in May to observe market reactions, Kallanish notes. Yieh United Steel (Yusco) and Tang Eng, the two major stainless steel producers in Taiwan, announced they will lift stainless 300 series hot rolled and cold rolled prices by TWD 2,000/tonne ($66.8/t). Export prices for these products, meanwhile, rose by $60-80/t. This has resulted in…
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