Taiwan's Yusco cuts stainless list prices for Jul sales

Yieh United Steel Corp (Yusco), Taiwan's largest stainless producer headquartered in Kaohsiung in South Taiwan, has announced to further cut its stainless list prices for July sales, considering the lower nickel prices and poor demand, a company official confirmed on June 30.

For local sales next month, Yusco's list prices for 304-grade stainless hot-rolled coil (HRC) and cold-rolled coil (CRC) have been trimmed by another TWD 7,500/tonne ($252/t) from those for June, and its list prices for 430-grade stainless HRC and CRC also decreased by TWD 3,000/t on month. It has been