Industry News

Yusco maintains stainless steel prices for Oct

Views : 125
Update time : 2023-09-27 16:29:09
Yieh United Steel Corp. (Yusco), a leading stainless steel mill in Taiwan, announced that the new prices for both domestic and foreign sales are kept unchanged for October, in line with market expectations.

Yusco said that the EU's Carbon Border Adjustment Mechanism (CBAM) has led to a gradual recovery in market prices and is expected to stabilize the prices in other markets. Besides, governments of various countries are now taking economic stimulus policies, which will also help resume consumption of end markets.

The prices of international raw materials such as stainless steel scrap and Indonesia’s nickel pig iron and ferromolybdenum have remained high, coupled with the continued depreciating Taiwan dollar, steel mills’ costs are still at a high level. Therefore, Yusco made such a price announcement under consideration of downstream buyers’ competitiveness.
Related News
Read More >>
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Mar .12.2025
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Mar .12.2025
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they? Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
Mar .12.2025
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
International crude oil prices increase on Mar 11 International crude oil prices increase on Mar 11
Mar .12.2025
International crude oil prices increase on Mar 11