Yusco Cuts Stainless Steel Prices For November

Yusco Cuts Stainless Steel Prices For November

Yieh United Steel Corp. (Yusco), the largest integrated stainless steel mill in Southeast Asia, has announced to cut its domestic prices for stainless steel products for November.

It’s learned that Yusco decided to cut its domestic prices for 300 and 400 grades stainless steel products by NT$4,500~NT$5,000/ton and NT$500/ton respectively for November.

At the same time, it cut its export prices by US$150/ton.

Yusco indicated that it decided to reduce price in order to reflect lower raw material prices and fierce price competition against the low-priced imports.

Source: http://www.yieh.com/

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