[SMM Stainless Steel Flash] Chinese Taiwan's Stainless Steel Prices Flatten as Market Enters Traditional Slow Season

Published: Jul 6, 2026 11:42

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Chinese Taiwan's upstream stainless steel producers Yusco and Tang Eng Iron Works issued flat July price lists, drawing a line under the consecutive price hikes seen earlier this year. The decision reflects a stronger US dollar, notable New Chinese Taiwan dollar depreciation, and recent adjustments in global nickel values, with LME nickel resting at around US$16,500/ton. Key raw material costs including nickel pig iron and international stainless steel scrap remain elevated, while rising global freight rates add further financial pressure. As the industry enters the traditional Q3 slow season, buyers hold sufficient inventory from first-half purchases, limiting restocking demand. Mills are maintaining steady pricing to balance high input costs against quieter summer market conditions.

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