Reportedly, most of the stainless steel service centers in Taiwan announced to remain its prices unchanged for December in response to the list prices of Yieh United Steel Corp. (Yusco).
It's learned that Yusco announced to keep its December list prices unchanged for domestic market last week.
It's expected the stainless steel prices to rise steadily since the fourth and first quarter of a year used to be the peak season for stainless steel market.
Also, it's expected that the stainless steelmakers' profit might rise in the given period of time if nickel prices increase steadily.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=61871&division=A1
