Taiwan's stainless mills hike list prices further for April sales

Major stainless steel mills in Taiwan have decided to raise their list prices for local sales in April, mainly due to their higher production costs from the increase in prices of raw materials and the devaluation of New Taiwan dollar, Mysteel Global learned.

Yieh United Steel Corp (Yusco), Taiwan's largest stainless steel producer and headquartered in Kaohsiung, has decided to lift its stainless list prices for 304-grade hot-rolled and cold-rolled stainless products by TWD 4,000/tonne ($125/t) for business discussions this month, and those for 430-grade stainless products by TWD 1,500/t for local