[SMM Stainless Steel Flash] Taiwan (POC)'s Upstream Stainless Mills May Post Higher September Price Despite Weak Demand

Published: Aug 28, 2026 09:29

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Taiwan (POC)'s upstream stainless steel mills are expected to announce September prices shortly, with market expectations leaning toward nominal increases or effectively flat adjustments amid sluggish demand, persistent rainy weather, and a stronger at NTD31.85 per US dollar. However, 316-grade products are widely expected to see genuine price increases reflecting higher nickel costs, with LME nickel averaging US$16,757/ton this month. Raw material trends remain mixed — Chinese ferronickel held steady, high-chromium prices declined, while ferro molybdenum continued to rise.

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