Tsingshan Indonesia, one of the global stainless steel giants, had announced to increase the stainless steel export price with US$30/ton.
According to the high nickel price in recent weeks, most stainless steel mills decided to increase their price for several times, and that made the cost keep increasing.
With the market analysis, the stainless steel price for August might increase with more than NTD$3000/ton.
As the expert analysis, the London Metal Exchange (LME) nickel price was still in an upward trend, and there was still no tendency to slow down.
Source from YIEH CORP
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