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| Industry News |
| Taiwan’s stainless steel market remains gloomy |
| 2009-11-11 11:29:09 |
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| Taiwan’s stainless steel market remains gloomy
Although Yieh United Steel Corp. (YUSCO) and Tang Eng kept the domestic prices unchanged for 300 series stainless steel product in November, most local buyers thought their prices are still higher than their expectation.
According to the market analyst, the local mills should secure raw materials at lower price in order compete with low-priced stainless steel imports.
Contrarily, the export price increased by US$60~100/ton due to global demand recovery.
News Date 11/2/2009 6:11:32 AM reported by Chloe |
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