Taiwan's stainless steel prices poised to rise

Posted on 22 June 2009

Source: Yieh, June 15, 2009

Taiwna's Yieh United Steel Corp. (Yusco) and Tang Eng are planning to adjust their stainless steel price today for the second half of June.


With the nickel price rising to over US$15,000/ton, the stainless price is poised to be hiked by NT$5,000~6,000/ton from the previously estimated NT$4,000/ton.


Therefore, the total price hike will reach NT$7,000~8,000/ton for June.



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