Southeast Asian factories have raised prices for stainless steel

Major integrated steel mills in Southeast Asia announced price increases for stainless steel products starting in January 2015.

Taiwanese stainless steel company Tang Eng Iron Works has also announced its intention to increase its domestic prices for its 300 series stainless flat steel by $ 10 per tonne for January shipments. According to the company, the rise in prices is associated with an increase in world nickel prices. The company also decided to raise prices for 202 stainless steel products for domestic supply by $ 5 per tonne.

The shipping price of Tang Eng for Ukrainian representatives of 304 hot-rolled coils with a thickness of 2 mm will now be $ 2545 per ton, the price for other products will remain at the level of the last year. ARBUDPROM LLC in Kiev manufactures stainless steel staircases, balconies and others metal fences . The company designs and manufactures stairs, railings and railings that fit perfectly into the interior of shopping centers, offices, cottages and city streets. In addition, the company manufactures medical furniture, restaurant equipment, fireplaces, biker goods and more.

Taiwanese manufacturer Yieh United Steel Corporation (Yusco) in a press release also announced its decision to increase domestic prices for stainless steel products for the current month. The company also announced a price increase for the export of these products. According to a company press release, the export price of 300 grade stainless steel products has been increased by $ 30 per tonne for shipments starting in January. Domestic and export prices for 400-grade stainless steel products will remain unchanged, Yusco officials said.