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04 May
06:08

Taiwan’s stainless steelmakers withhold May list prices

Taiwan’s leading stainless steel manufacturers have decided to use individual bargaining to sell products in May. Sluggish demand cannot support further price hikes but costs are rising, Kallanish notes. Yieh United Corporation and Tang Eng chose to not announce official May offers and only negotiate with customers individually to secure orders. The same goes for 316 series products from Walsin Lihwa. Meanwhile, Walsin will add TWD 1,500/tonne ($48.9/t) to …
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