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

MEPS revises down global stainless steel production forecast for 2022

  • Stainless steel
  • 2 Dec 2022 16:35

China’s stainless steel imports & exports increase in Jan-Oct y-o-y

  • Stainless steel
  • 1 Dec 2022 16:36

Walsin Lihwa tops global leader in stainless steel wire rods and bars after acquiring Italy's CAS

  • Stainless steel
  • 1 Dec 2022 16:25

Walsin Lihwa moderately hikes stainless steel wire rod prices for Dec

  • Stainless steel
  • 30 Nov 2022 16:20

Aperam raises European stainless steel alloy surcharges for Dec

  • Stainless steel
  • 30 Nov 2022 16:14

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,056.00
  • 3,050.00
  • Aluminum
  • 2,430.00
  • 2,459.50
  • Copper
  • 8,216.00
  • 8,250.00
  • Nickel
  • 26,900.00
  • 26,900.00

Learn more

Coil Exchange Center

  • 2B Coil-Jan
  • 2,960
  • 2,820
  • NO1 Coil-Jan
  • 2,930
  • 2,790
  • 2B Coil-Jan
  • 2,960
  • 2,820
  • NO1 Coil-Jan
  • 2,930
  • 2,790

Learn more