[SMM Stainless Steel Flash] Chinese Taiwan’s Stainless Steel Export Prices Rise Amid Higher Production Costs

Published: Apr 16, 2026 17:36
While Asian 304 2B cold-rolled coil prices remained stable last week, Chinese Taiwan’s export offers continued to climb. This surge is driven by increased production costs and firm pricing strategies from mills, further fueled by geopolitical instability in the Middle East. Chinese export offers stayed flat due to sluggish domestic demand; however, a stronger Chinese Yuan and rising local prices suggest potential hikes ahead. In raw materials, LME nickel prices rebounded by US$142, while Indonesian NPI prices faced further declines. Market participants expect continued volatility for Asian CRC as weak demand balances against rising input expenses.

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While Asian 304 2B cold-rolled coil prices remained stable last week, - Shanghai Metals Market (SMM)