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Home Steel News Taiwan’s Yusco greatly raises stainless steel prices for Jun
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Taiwan’s Yusco greatly raises stainless steel prices for Jun

28 May 2021 15:14 reported by Joy Liu

A A A
Yieh United Steel Corp. (Yusco), a leading stainless steel mill in Taiwan, announced its new prices for June today (May 28).

According to the price adjustment, the domestic price of 304 was up by NT$12,000/ton, and that of 430 was hiked by NT$6,000/ton. The surcharge of 316L was raised by NT$2,000/ton.

As for the export price, 304 was hiked by US$400-450/ton, and 430 will be subject to a price increase of US$150-200/ton. The surcharge of 316L was also lifted by US$60/ton.

Yusco greatly raised the prices of its products, following up the increase in market prices and reflect production costs.

The decision was made based on China’s cancellation of export tax rebates, which boosted market prices, as well as the continued rising prices of shipping freight and raw materials, which pushed up steel mills’ production costs.

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  • 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
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