Taiwan's YUSCO hikes 300-series stainless list prices for Aug sales

Yieh United Steel Corp (Yusco), Taiwan's largest stainless steel producer, has decided to raise its list prices of 300-series stainless steel for local sales in August in response to higher production costs, according to a market source in Taiwan.

For business discussions in August, the company's list prices for 304-grade hot-rolled and cold-rolled stainless products have been lifted by TWD 1,500/tonne ($46/t), while the Kaohsiung-based maker has decided to roll over list prices of 430-grade stainless products. The price rise was mainly attributed to Yusco's higher production costs, as