Taiwan's stainless mills raise list prices for June sales

Major stainless mills in Taiwan have decided to raise their list prices of 304-grade stainless products for local sales in June, aiming to offset higher production costs caused by firming raw material prices and surging electricity rates.

Yieh United Steel Corp (Yusco), Taiwan's largest stainless steel producer and headquartered in Kaohsiung, has decided to hike its list prices for 304-grade hot-rolled and cold-rolled stainless products by TWD 2,000/tonne ($64/t) for local sales in June, while rolling over those for 430-grade stainless products. The adjustment marks Yusco's seventh