UTC+8 ( BJT)

Yusco’s Aug stainless list prices jump by another $85/t

Yieh United Steel Corp (Yusco), Taiwan’s largest stainless producer headquartered in Kaohsiung in South Taiwan, has decided to raise its list prices for 300-series hot-rolled and cold-rolled stainless coils by TWD 2,500/tonne ($85/t) for local sales in August to reflect higher raw materials costs and offset some of the loss, a company official confirmed.
For business in August, the stainless giant also lifted its export prices for 300-series stainless accordingly by $80-100/t depending on region, according to the Yusco official. Though Yusco’s pricehikemight have been predictedgiven the higher nickel prices in the global market, the Kaohsiung maker’s large heft in its list prices for August sales has exceeded market expectations,

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