Steel News

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

YC Inox expects recovery in stainless steel market in Q2 2024

6 Dec 2023 17:31 reported by Joy Liu

A A A
YC Inox Co., Ltd., a stainless steel producer in Taiwan, said that carbon steel is an indicator of the stainless steel market condition. Iron ore prices are rising gradually, which drove up international steel prices and pushed up the carbon steel industry. If the upward trend continues, the stainless steel market is expected to recover in the second quarter of next year.

YC Inox’s products for exporting account for nearly 80%. The global recession this year has led to a shrink in the order volume in various places for the company.

Looking forward to the future market, YC Inox believes that recovery for next year is expected.

Back to Steel News

Related News

German Klöckner to supply GEA group with green stainless steel

  • Stainless steel
  • 4 Mar 2024 17:24

LME nickel price increases by $141/ton on Feb 28, market to fluctuate on high side

  • Stainless steel
  • 29 Feb 2024 16:56

Stainless steel market price in Foshan rises

  • Stainless steel
  • 29 Feb 2024 16:30

Tang Eng maintains negotiation way for March stainless steel offers

  • Stainless steel
  • 29 Feb 2024 13:06

Walsin Lihwa raises stainless steel wire rod prices for March

  • Stainless steel
  • 29 Feb 2024 13:06

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,392.00
  • 2,436.00
  • Aluminum
  • 2,182.00
  • 2,225.50
  • Copper
  • 8,436.50
  • 8,525.00
  • Nickel
  • 17,570.00
  • 17,800.00

Learn more

Coil Exchange Center

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

Learn more