Steel News

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

Taiwan’s stainless steel export prices boosted by China's cancellation of export tax rebates

13 May 2021 15:12 reported by Joy Liu

A A A
China started to implement a new export tax rebate policy on May 1, including the cancelation of a 13% export tax rebate on stainless steel products, which blocked China’s stainless steel exports. Therefore, Taiwan benefitted from the policy as many export orders transferred to other countries, including Taiwan.

Driven by the increasing export orders, Taiwan’s stainless steel export prices have surged by US$300-400/ton within half a month.

Due to strong demand from Europe and America, the weakening competition from China, and the expected price increase of stainless steel for June, Taiwan’s export prices were pushed up accordingly. The new price for this week has been hiked again with an increase as last week.

Back to Steel News

Related News

LME nickel price rises for 2 consecutive days due to falling US dollar

  • Stainless steel
  • 8 Dec 2023 16:42

Outokumpu to supply towards-zero stainless steel to Alfa Laval for green transition

  • Stainless steel
  • 8 Dec 2023 15:31

Indonesia files lawsuit with WTO concerning AD case on stainless steel

  • Stainless steel
  • 7 Dec 2023 10:14

Taiwan YC Inox & Walsin Lihwa forecast market would gradually recover in future

  • Stainless steel
  • 6 Dec 2023 17:35

YC Inox expects recovery in stainless steel market in Q2 2024

  • Stainless steel
  • 6 Dec 2023 17:31

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,407.00
  • 2,421.00
  • Aluminum
  • 2,110.00
  • 2,149.50
  • Copper
  • 8,347.00
  • 8,425.00
  • Nickel
  • 16,600.00
  • 16,855.00

Learn more

Coil Exchange Center

  • 2B Coil-Jan
  • 2,460
  • 2,320
  • NO1 Coil-Jan
  • 2,430
  • 2,290
  • 2B Coil-Jan
  • 2,460
  • 2,320
  • NO1 Coil-Jan
  • 2,430
  • 2,290

Learn more