Industrial stainless steel welded pipe prices drop in Taiwan.

Industrial stainless steel welded pipe prices drop in Taiwan.

Taiwan’s stainless steel welded pipe makers have announced to cut their prices for October, after Yieh United Steel Corp. (Yusco) and Tang Eng Iron Works announced to cut base prices.

Current slow demand is also one of reason for price decline, said a market player.

Therefore, it is said the new base prices for industrial stainless steel pipes, such as ASTM A312 or JIS G3459 standard will be cut by 1% in the domestic market.

Source: www.yieh.com

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