Taiwan's Yusco raises stainless list prices for March sales

Yieh United Steel Corp (Yusco), Taiwan's largest stainless steel producer and headquartered in Kaohsiung, has decided to raise its stainless list prices for March sales in response to increased production costs and expectations for a recovery in demand, Mysteel Global learned.

For business discussions in March, Yusco is lifting its list prices of 304-grade hot-rolled and cold-rolled stainless products by TWD 2,000/tonne ($64/t), and those of 430-grade stainless products by TWD 1,000/t for local sales. Yusco's decision was mainly to reflect higher stainless production costs, as prices of major stainless steelmaking