[SMM Stainless Steel Flash] Major Taiwanese Mill Raises March List Prices by Up to TWD 2,000/t Amid Surging Costs

Published: Feb 27, 2026 10:18
A major mainstream stainless steel producer in Taiwan announced yesterday that it will raise its domestic list prices for March sales to offset rising production expenses and anticipated demand recovery. For March deliveries, the mill has increased the prices of 304-series hot-rolled and cold-rolled products, as well as surcharges for 316L, by TWD 2,000/mt ($64/t), while 430-series prices were raised by TWD 1,000/mt. This decision reflects a cumulative three-month price hike across the region's leading mills, driven by firm support from raw material costs and significant production cuts in Indonesia. The optimistic outlook is further bolstered by regional economic growth fueled by the AI infrastructure boom, which is increasingly driving demand for high-end stainless steel alloys.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
High-Grade NPI Smelters Face Profit Pressure Amid Flat Raw Material Prices and Limited Nickel Ore Decline
22 hours ago
High-Grade NPI Smelters Face Profit Pressure Amid Flat Raw Material Prices and Limited Nickel Ore Decline
Read More
High-Grade NPI Smelters Face Profit Pressure Amid Flat Raw Material Prices and Limited Nickel Ore Decline
High-Grade NPI Smelters Face Profit Pressure Amid Flat Raw Material Prices and Limited Nickel Ore Decline
[SMM Nickel Flash News] Based on the cash cost of high-grade NPI calculated using nickel ore prices from 25 days earlier, profits at high-grade NPI smelters came under pressure during the week, with the sector as a whole remaining in a state of losses or marginal profitability. It is expected that next week, prices of auxiliary materials on the raw material side may remain flat, while the decline in nickel ore prices will likely be limited. High-grade NPI prices will still be under pressure amid back-and-forth negotiations between upstream and downstream, and smelter profits will be unlikely to see any significant improvement.
22 hours ago
Refined Nickel Prices Decline, High-Grade NPI Discount Narrows; Downward Trend Expected to Continue
22 hours ago
Refined Nickel Prices Decline, High-Grade NPI Discount Narrows; Downward Trend Expected to Continue
Read More
Refined Nickel Prices Decline, High-Grade NPI Discount Narrows; Downward Trend Expected to Continue
Refined Nickel Prices Decline, High-Grade NPI Discount Narrows; Downward Trend Expected to Continue
[SMM Nickel Flash] This week, the price center of refined nickel moved lower, while high-grade NPI prices remained stable. The average discount of high-grade NPI against refined nickel narrowed to 262.4 yuan/nickel unit. High-grade NPI prices were expected to remain under pressure next week, while refined nickel prices were expected to continue their downward trend. The average discount of high-grade NPI against refined nickel was expected to continue narrowing, and the driver for conversion of NPI to high-grade nickel matte weakened.
22 hours ago
SMM Nickel Flash: High-Grade NPI Prices Drop, Market Enters Negotiation Phase
22 hours ago
SMM Nickel Flash: High-Grade NPI Prices Drop, Market Enters Negotiation Phase
Read More
SMM Nickel Flash: High-Grade NPI Prices Drop, Market Enters Negotiation Phase
SMM Nickel Flash: High-Grade NPI Prices Drop, Market Enters Negotiation Phase
[SMM Nickel Flash] The average SMM price of 10-12% high-grade NPI fell WoW by 1 yuan/nickel unit to 1,082.5 yuan/nickel unit (ex-factory, tax included), while the average price of Indonesia's NPI FOB index fell WoW by $0.02/nickel unit to $136.58/nickel unit. The high-grade NPI market generally remained stable, and after the transaction center stabilized, the market entered a state of back-and-forth negotiations between upstream and downstream, with prices under pressure in the short term.
22 hours ago