Industry News

Taiwan's stainless steel export sales expected to be increased in Nov/Dec

Views : 121
Update time : 2021-10-29 21:24:20
According to the mills, the raw material cost still remained high and they also considered the high inventory. They adjusted the price slightly for November. However, China's power rationing measures made the supply tight.

Taiwan's stainless steel mills announced their prices for November and the increase was not as high as market expectations.

Besides, European mills increased the energy surcharge by EUR 130 to 200 for the high energy costs. Taiwan's mills decided to moderately reflect raw material costs by raising prices for November.

After that, downstream customers might have more competitiveness in the export market. It was expected that the export performance will be good during November/December.
Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices