Yusco’s Aug stainless list prices jump by another $85/t
Aug 05, 2020 16:30
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