Taiwan Yusco cuts June stainless list prices on thin demand

Yieh United Steel Corp (Yusco), Taiwan's largest stainless steel producer headquartered in Kaohsiung in South Taiwan, has decided to cut its stainless list prices for sales in June to reflect the poor performance in demand and to help its customers to win more orders, Mysteel Global learned.

For local sales next month, the company decided to trim its list prices for 304-grade stainless hot-rolled coil (HRC) and cold-rolled coil (CRC) by TWD 1,500/tonne ($48.8/t) from those for April, while at the same time, rolling over its 430-grade stainless HRC and CRC prices. As for its business with