Industry News

Taiwan's upstream stainless steel mills receive orders smoothly

Views : 77
Update time : 2024-01-17 15:46:04
Taiwan's upstream stainless steel mills adopt individual price negotiations for January offers. Recently, Indonesia Tsingshan has raised prices for the Taiwan market and has a strong attitude towards maintaining offers.

At present, orders are being received enthusiastically. In addition, driven by the replenishment of downstream distributors, upstream steel mills are receiving brisk orders. The market expects that after the Lunar New Year holiday in February, there will be a next wave of inventory replenishment.

Although buyers still lack confidence in the market trend, coupled with the February holiday, actual demand is not good. However, the January offers by upstream steel mills were mostly flat or slightly increased, and each mill is obviously trying to stabilize the current price.
Related News
Read More >>
FORNNAX reaches new heights with groundbreaking ceremony for one of the largest manufacturing facility FORNNAX reaches new heights with groundbreaking ceremony for one of the largest manufacturing facility
Mar .07.2025
FORNNAX reaches new heights with groundbreaking ceremony for one of the largest manufacturing facility
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
Mar .07.2025
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
Efficient power transmission with Diamond Power Infrastructure’s AL 59 wire rods Efficient power transmission with Diamond Power Infrastructure’s AL 59 wire rods
Mar .07.2025
Efficient power transmission with Diamond Power Infrastructure’s AL 59 wire rods
Here’s what GIADEC’s new CEO thinks about Ghana’s integrated aluminium industry and the impact of the bauxite export ban Here’s what GIADEC’s new CEO thinks about Ghana’s integrated aluminium industry and the impact of the bauxite export ban
Mar .07.2025
Here’s what GIADEC’s new CEO thinks about Ghana’s integrated aluminium industry and the impact of the bauxite export ban