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Stainless price to keep strong for exports but weak in Taiwan

13 Feb 2007 17:07 reported by Megan Huang

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In response to the continuously ongoing rise of the cost of nickel, the stainless price keeps at the high level in the market.

This recently increasing trend of stainless steel price restrains domestic buyers neither to take further actions in either placing further orders or maintaining stocks.

In the contrast, the exports performance of stainless steel in the international market is bright which bring Taiwan’s steel mills more business opportunities to develop the foreign channels for sales.

Now the selling price of stainless steel in the domestic market is increased by US$125.00 to US$187.50/mt while it is hiked by US$120 to US$200/mt for exports.

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