Steel News

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

Taiwan’s Tang Eng keeps stainless steel prices flat for Oct

30 Sep 2020 15:45 reported by Joy Liu

A A A
Tang Eng Iron Works Co., Ltd., one of the main stainless steel manufacturers in Taiwan, announced to keep its new stainless steel prices for October yesterday (September 29), following the announcement from Yieh United Steel Corp. (Yusco), another Taiwan’s major stainless steel producer.

In terms of the domestic market, the prices of 300 series hot-rolled and cold-rolled coil were kept unchanged, and those of 200 series hot-rolled and cold-rolled coil and 430 products weren’t announced. The surcharge of 316 products and the exported prices of 300 series hot-rolled and cold-rolled coil were both maintained the same as the previous month.

Walsin Lihwa, a stainless steel mill in Taiwan, raised its prices for October this time, different from Tang Eng and Yusco. Therefore, market participants said that stainless steel market prices would keep stable firstly and fluctuate with the future international nickel price trend.

Back to Steel News

Related News

Taiwan's stainless steel mills may keep prices flat for Nov

  • Stainless steel
  • 20 Oct 2020 15:22

LME nickel price maintains upward trend on Oct 19

  • Stainless steel
  • 20 Oct 2020 14:47

Recent LME nickel prices expected to keep stable

  • Stainless steel
  • 20 Oct 2020 14:47

China accounts for about 60% of world's stainless steel production, with 80% dependence of raw materials on foreign source

  • Stainless steel
  • 19 Oct 2020 16:45

Assofermet expresses concern about EU's AD duties on stainless steel

  • Stainless steel
  • 19 Oct 2020 16:34

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,485.00
  • 2,504.50
  • Aluminum
  • 1,826.00
  • 1,844.00
  • Copper
  • 6,814.00
  • 6,836.50
  • Nickel
  • 15,791.00
  • 15,822.00

Learn more

Coil Exchange Center

  • 2B Coil-Nov
  • 2,450
  • 2,310
  • NO1 Coil-Nov
  • 2,420
  • 2,280
  • 2B Coil-Nov
  • 2,450
  • 2,310
  • NO1 Coil-Nov
  • 2,420
  • 2,280

Learn more