Tang Eng Iron Works Co., Ltd., one of the main stainless steel manufacturers in Taiwan, announced to raise its new prices of stainless steel products for April, with the same increase as Yieh United Steel Corp. (Yusco)’s earlier price adjustment.

According to the price adjustment, the domestic price of 304 cold-rolled and hot-rolled stainless was hiked by NT$12,000/ton, and the surcharge of 316L was raised by NT$5,000/ton. The base price of 304 cold-rolled and hot-rolled for exporting was up by US$300-500/ton depending on different regions.