Yieh United Steel Corp. (Yusco), a leading stainless steel mill in Taiwan, announced its new prices for December.

Among them, the price of 304 cold-rolled and hot-rolled was decreased by NT$1,500/ton, that of 430 cold-rolled and hot-rolled was kept flat, and the surcharge of 316L was up by NT$1,000/ton.

In terms of export prices, the prices of both 304 and 430 products were kept unchanged, and the surcharge of 316L was raised by US$50/ton.

Yusco said that the supply and demand in the current international market are stable, the adjustment of terminal inventory is going to finish, and the market price is gradually stabilizing.

In spite of higher prices of raw materials, Yusco considered the current domestic market and the competitiveness in the international market, so it adjusted prices moderately.