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Home Steel News Taiwan’s stainless steel prices for Apr upheld by strong market & raw material costs
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Taiwan’s stainless steel prices for Apr upheld by strong market & raw material costs

28 Mar 2025 14:49 reported by Joy Liu

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The London Metal Exchange (LME) nickel futures have rebounded above US$16,200/ton this month, with ferronickel prices remaining firm. Meanwhile, China's stainless steel market prices have also resumed their upward trend.

In addition, Indonesia's Tsingshan has continuously raised its stainless steel hot-rolled coil prices, with a total increase of US$110 this month. The Taiwan dollar has reached the NT$33.1 level against the US dollar, indicating higher import costs for steel mills.

Taiwan’s domestic stainless steel market prices are also climbing, with 304 cold-rolled coil prices increasing by around NT$2,500 this month.

Given these factors, market participants expect Taiwan’s upstream stainless steel mills to raise their stainless steel prices significantly for April, with potential increases of NT$3,000-4,000/ton.

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Metal Price Index

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LME Official Bid Price

  • USD / MT
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  • 3 Months
  • Zinc
  • 2,632.00
  • 2,666.00
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  • 2,511.00
  • 2,509.50
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  • 9,729.00
  • 9,668.00
  • Nickel
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  • 15,200.00

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