YIEH.COMRegisterForgot your ID? About Yieh Corp. Español Contact UsInquiry Now 
Search
 
Market News
Expert Article
Useful Link
Conference & Exhibition
Market News Archive
Key Word
Search By
Date
Classification
Region
Stainless steel ... more
Taiwanese stainless steel market sluggish on weak demand, soft nickel prices
Reportedly, the Taiwanese stainless steel market remained sluggish last week, affected by dropped nickel prices and soft demand.

The nickel prices at LME dipped to the three-month low of US$18,900/ton on March 7th.

Also, the nickel prices have dropped by around 10% since February, causing stainless steel mills cut the prices or reduce production to pass this tough period.

It’s known that Taiwanese stainless producers cut the domestic prices by NT$2,000/ton for March.

For the prospect, industry insiders indicated that the stainless steel market might remain weak in the short term unless the demand rebounds and nickel prices rise.


News Date 3/13/2012 9:30:37 AM reported by Nann Cheng
Related News
No 6, E-Da Road, Yanchao Dist., Kaohsiung City, Taiwan, 82445 R.O.C. │ Tel : +886-7-615-1000 │ Fax : +886-7-615-3000
Copyright (c) 2014 Yieh Corp.. Al l rights reserved Skype to us |Privacy Policy | E-mail: ec@yieh.com