- Rising nickel, ferro chrome tags boost stainless steel prices
- Leading mill increases 304 prices by TWD 1,000/t in Oct’25
Taiwanese stainless steel producers have announced price increases for October 2025, driven by stronger demand and rising raw material costs, particularly nickel and Asian ferro chrome. Yusco, a leading Taiwanese mill, raised 304 stainless steel prices by TWD 1,000/tonne (t), reflecting ongoing supply pressures and market uncertainties amid global commodity price fluctuations.
Northern European producer Outokumpu pointed to uncertainty created by tariffs and geopolitical changes. Following its recent white paper, Outokumpu called for stricter EU safeguard measures after the current protections expire in June 2026, seeking “strict tariff rate quotas by true country of origin” to protect the European steel industry.
The stainless steel market faces a complex outlook, with rising input costs, trade policy challenges, and fluctuating demand, suggesting further price volatility ahead for 2025. Industry stakeholders should prepare for ongoing uncertainty and potential price increases as global market dynamics evolve.
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