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Yusco raises stainless steel price for first half of February
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Taiwan’s Yieh United Steel Corp. (Yusco) has announced a price rise of US$50~150/ton for stainless steel exports for the first half of February.
The company’s domestic prices for 304 grade stainless steel will remain unchanged, while prices for 430 will increase by NT$1,500/ton. The price rise is triggered by higher nickel prices and improved demand, according to the company.
Korea's Posco also said on Thursday it would raise prices by up to 3.3 percent for February due to rising raw material prices.
News Date
1/28/2010 4:03:53 PM
reported by
Darren Chen
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