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Home Steel News Yusco cuts October list prices of 300 series stainless steel products
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Yusco cuts October list prices of 300 series stainless steel products

30 Sep 2011 14:06 reported by Lisa Yao

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It’s reported that Taiwanese Yieh United Steel Corp. (Yusco) announced to cut the domestic and export prices of 300 series stainless steel products by NT$3,000/ton and US$100~U$150/ton respectively for October shipments in response to slumped nickel prices at LME.

Besides, the company remained the domestic and export prices of its other stainless steel prices unchanged for October deliveries.

Yusco indicated that it decided to cut the domestic and export prices of 300 series products, considering to the current marekt situation. It’s known that the global commodity market has been fluctuating due to the debt crisis in Europe and the US.

Industry sources predicted that Tang Eng and Walsin Liwa, the other two major stainless steel mills in Taiwan will also decrease the prices for October shipment after Yusco’s price cut.

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Metal Price Index

  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug14,50015,00015,50016,000
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug2500260027002800
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug23002400250026002700
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug900092509500975010,00010,250
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LME Official Bid Price

  • USD / MT
  • Cash
  • 3 Months
  • Zinc
  • 2,698.00
  • 2,705.00
  • Aluminum
  • 2,593.50
  • 2,595.50
  • Copper
  • 9,563.00
  • 9,630.00
  • Nickel
  • 14,835.00
  • 14,980.00

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