Taiwan's leading stainless steel mills will announce the new prices for January this week. Global raw material prices were stable in December. Besides, affected by the furnace accident from Tsingshan in Indonesia, China's transaction prices began to increase. Although Indonesian Tsingshan still investigated the accident, the prices were obviously hiked from China's market.

Regarding Taiwan's market, mills may not drop the prices after Tsingshan's accident and might have a strong possibility of keeping the price flat for January.