• EN
    • ES
  • About YIEH
  • About YIEH
    • About Us
    • Vision & Values
    • Affiliate Companies
    • Office Branch
    • Privacy Policy
    • Certificates
  • Products
    • Stainless Steel
    • Stainless Steel Hot Rolled Coil
    • Stainless Steel Cold Rolled Coil
    • Stainless Steel Strip
    • Stainless Steel Plate
    • Stainless Steel Checker Plate
    • Stainless Steel Sheet
    • Pre-painted Stainless Steel Coil / Sheet
    • Carbon Steel
    • Carbon Steel Hot Rolled Coil / Strip / Plate / Sheet
    • Carbon Steel Cold Rolled Coil / Strip / Sheet
    • Coated Steel
    • Hot-dip Galvanized Steel
    • Hot-dip Galvalume Steel / Hot-dip Galfan Steel (GL / GF)
    • PPGI / PPGL / PPGF
    • Electro Galvanized Steel (EGI)
    • Aluminum
    • Aluminum Sheet
    • Aluminum Coil / Strip
    • Aluminum Foil
    • Aluminum Tread Plate
    • Aluminum Embossed Coil
    • Aluminum Disc
    • Aluminum Customized Profile
    • Aluminum Architectural Profile
    • Aluminum Industrial Profile
    • Aluminum Channel
    • Color Coated Aluminum Coil / Sheet
    • Pipe/ Tube
    • Stainless Steel Welded Pipes / Tubes
    • Stainless Steel Seamless Pipes / Tubes
    • Carbon Steel Welded Pipes / Tubes
    • Carbon Steel Seamless Pipes / Tubes
    • Alloy Steel Seamless Pipes / Tubes
    • High Steel Grade Line Pipes
    • Aluminum Tube / Pipe
    • Bar
    • Stainless Steel Bar
    • Carbon Steel Bar
    • Hot Rolled Reinforcing Bar
    • Special Steel Bar
    • Aluminum Angle Bar
    • Aluminum Flat Bar
    • Aluminum Square Bar
    • Aluminum Round Bar
    • Wire Rod
    • Stainless Steel Wire Rod
    • Stainless Steel Wire
    • Carbon Steel Wire Rod
    • Galvanized Steel Wire Ropes
    • PVC Coated Galvanized Wire Ropes
    • Ungalvanized Steel Wire Ropes
    • Others
    • Silicon Steel
    • Titanium / Nickel & Alloy
    • Abrasion Resistant Steel
    • Micro-Alloyed Steel
    • Seamless and Welded Butt Weld Fitting
    • Forged Flanges
    • Stainless Steel Screws-YCS 550
  • Steel News

    Yieh Steel Market News

    LME Official Price Info

    Top Headline

    Nickel prices hit 3-week high on trade deal & Fed rate cut hopes
  • Customer Service
  • Marketing Platforms

    Coil Exchange Center

    CEC Q&A

    Why YIEH's Offer

    YIEH's Offer

  • Register
  • Inquiry
  • Catalogue
  • Privacy
    Catalogue Inquiry
    English Español

Steel News

We strive to let you one step ahead of the market.

Home Steel News Stainless steel price tends to increase on strong nickel price
  • Topic
  • Region
The Latest Stainless Steel Carbon Steel Aluminum Longs, Pipes, Tubes Raw Materials Industrial Activities Government Policies Decarbonization Others
Asia & Pacific China Middle East & Central Asia Europe Africa North America South & Central America Global

Stainless steel price tends to increase on strong nickel price

12 Feb 2019 14:37 reported by Kasim Xu

A A A
After the Spring Festival, the international stainless steel market is still focused on China and Indonesia. In the case of expected recovery of the stainless steel market in China, it was estimated that the price will get support and the LME nickel price remained strong during the holiday, which will help the Taiwan stainless steel market bullish.

Before the Spring Festival, 304 No.1 coil price had a hike in Taiwan. Stainless steel processors estimated that if the LME nickel price did not fall during the holiday, 304 No.1 coil price would have the possibility to rise further.

Last week, the LME nickel price remained strong and reached over US$13,000/ton for several days. Last Friday, the nickel cash price tended to go down but on a while, the LME nickel price kept up and down at a relatively high level during the Spring Festival.

Last Friday, the LME nickel price was still higher than US$12,500-12,600/ton, which was over the expectation by market participants. If the trend still kept going up, it will help the stainless steel market bullish further.

Back to Steel News

Related News

Nickel prices hit 3-week high on trade deal & Fed rate cut hopes

  • Stainless Steel
  • 3 Jul 2025 16:23

YC Inox to start mass production in Turkish stainless steel pipe plant in Q3 2025

  • Stainless Steel
  • 3 Jul 2025 15:07

Brazil launches AD investigation on hot-rolled stainless steel flat products from 3 countries

  • Stainless Steel
  • 2 Jul 2025 15:01

ISSDA: India’s stainless steel consumption grows by 8% in FY25

  • Stainless Steel
  • 2 Jul 2025 14:57

Taiwan’s Tang Eng raises 316L stainless steel surcharge for Jul

  • Stainless Steel
  • 1 Jul 2025 13:14

Metal Price Index

  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug13,50014,00014,50015,00015,50016,000
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug2500260027002800
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug220023002400250026002700
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug800085009000950010,00010,500
  • Nickel
  • Zinc
  • Aluminum
  • Copper

Learn more

LME Official Bid Price

  • USD / MT
  • Cash
  • 3 Months
  • Zinc
  • 2,710.00
  • 2,729.00
  • Aluminum
  • 2,601.50
  • 2,597.00
  • Copper
  • 10,040.00
  • 9,966.00
  • Nickel
  • 15,080.00
  • 15,225.00

Learn more

No 6, E-Da Road, Yanchao Dist., Kaohsiung City, Taiwan, 82445 R.O.C.

About YIEH Register Inquiry EN ES
Copyright © Yieh Corp. All Rights Reserved.