Scrap Metal Prices

Taiwan’s Yieh United Steel Corp. (Yusco) just announced to raise its list prices for March, stimulated by the increasing nickel price according to www.yieh.com

For export market, the company’s price of 300 series hot rolled and cold rolled stainless steel products was raised by US$170~270/ton. And the export price for 400 series stainless steel products rose by US$60~100/ton.

The domestic price of 300 series hot rolled stainless steel products and steel billet was up by NT$5,000/ton. And the domestic price of 300 series cold rolled stainless steel products was up by NT$4,000/ton.

The extra-charge for 316L was increased by NT$3,000/ton. The domestic price of 400 series stainless steel products was kept at the same level.