Taiwan’s largest stainless steel producer, Yusco, reduced prices of 300-series products by TWD 1,000/t ($30/t) in Dec’24 amid lower raw material costs, such as for nickel. However, prices of 316L extra and 400-series stainless steel remain frozen. After price hikes in Nov, Yusco reduced prices again in Dec.
Taiwan: Yusco cuts 300-series stainless steel prices for Dec’24 deliveries
300 series stainless steel 316L extra 400 series stainless steel December 2024 Global Steel Prices nickel prices Price Cut Raw material costs stainless steel industry stainless steel market stainless steel price forecast Stainless steel prices stainless steel trends Taiwan stainless steel Tang-Ang YUSCO Yusco price reduction
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