[SMM Stainless Steel Flash] Chinese Taiwan's Yusco Keeps Stainless Steel Prices Unchanged for July

Published: Jun 30, 2026 16:00

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Chinese Taiwan's Yusco has decided to issue flat pricing across all products for July, halting its recent streak of consecutive price increases, in a move to support distributors in securing international contracts amid relatively stable global market prices. Under the adjustment, prices for 304 and 430 grades, as well as the 316L surcharge, remain unchanged. The company continues to face high production costs driven by expensive raw materials such as high-nickel pig iron and international stainless steel scrap, compounded by a weakening New Taiwan Dollar and surging global freight rates. These pressures have offset a recent pullback in base metal prices that followed the US Federal Reserve's mid-month decision to hold interest rates steady, which strengthened the US dollar.

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