[SMM Stainless Steel Flash] Taiwan (PoC)'s Yusco Raises October 304 Stainless Prices on Higher Raw Material Costs

Outokumpu has unveiled EvoMaterials, a proprietary platform for producing high-purity metals with lower carbon emissions using sulfidation technology. Initial development focuses on enriched ferrochrome and chromium metal from the company's Kemi mine in Finland, targeting a Western supply chain for aerospace and defense applications, with modelling indicating potential cost competitiveness against conventional methods. A pilot plant in Londonderry, New Hampshire is scheduled to become operational in H1 2027, scaling the process from laboratory to one-tonne capacity. Industrial plant locations are being evaluated in the US and Europe for a 2030 target, with potential expansion into nickel, molybdenum, specialty alloys, and side-stream metal recovery.

Taiwan (PoC)'s Ministry of Economic Affairs has extended the preliminary industrial injury determination period for the anti-dumping case on certain cold-rolled flat-rolled stainless steel imports from Vietnam, with the new deadline set for October 16, 2026. The extension was granted to accommodate information processing requirements under Articles 12 and 18 of the Regulations Governing the Implementation of the Imposition of Countervailing and Anti-dumping Duties. The original application was filed by Yusco and Tang Eng Iron Works.

On September 30, Indonesia's nickel ore market remained stable, with mainstream prices unchanged from the previous trading day: 1.2% Ni: $26.5/wmt, unchanged; 1.3% Ni: $28.5/wmt, unchanged; 1.4% Ni: $51.8/wmt, unchanged; 1.5% Ni: $58.5/wmt, unchanged; 1.6% Ni: $63.4/wmt, unchanged. Mainstream nickel ore prices in Indonesia remained stable, with no significant changes in market trading activity.