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Yusco raises stainless prices again in April
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Due to the nickel price fluctuation, Taiwan’s Yieh United Steel Corp. (Yusco) has announced to raise prices again in April.
As a result, the domestic prices are increased by around NT$2,000~4,000/ton. Export price of 300 series stainless steel prices are raised by US$150~250/ton, while export prices of 430 stainless steel will go up another US$300~350/ton.
Tang Eng Iron Works is very likely to follow suit and downstream processers are trying effort to reflect a rise in production costs to their customers.
News Date
3/31/2008 8:33:12 AM
reported by
Claude Tseng
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