Yieh United Steel Corp (Yusco), one of the major stainless steel producers in Taiwan announced to hike its domestic prices for stainless steel products for by TWD 300 per tonne o TWD 1,500 per tonne for January.
Also, Yusco increased its export prices for stainless steel products by USD 30 per tonne to USD 80 per tonne for January.
Yusco stated that it decided to raise the prices for next January since the global stainless steel market has stabilized and the current stock level in the market is low.
Source:
http://www.steelguru.com/stainless_steel_news/Yusco_hikes_stainless_steel_prices_for_next_January/296982.html
