01
Aug
07:33
Taiwanese stainless steel offers dip further in August
Despite the rebound in international nickel prices, the slowdown in demand has prompted major Taiwanese stainless steel manufacturers to lower their August quotations to encourage the market to digest inventories quickly, Kallanish notes.
Flat stainless steel giant Yieh United Steel lowered offers for the fourth month in a row, but the decline has decelerated. For its 304 and 430 series products, domestic and export prices have been cut by TWD 3,500/tonne ($117/t)…
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Anonymous
Very good overview of the weekly steel market.
Anonymous