[SMM Stainless Steel Flash] Taiwan (POC)'s Tang Eng Raises 304 & 316L Stainless Steel Prices for September

Published: Sep 1, 2026 17:07
Tang Eng Iron Works announced September pricing adjustments on 31st August, raising 304 stainless steel by NT$1,500/ton and 316L surcharges by NT$2,500/ton, a second consecutive monthly increase bringing two-month cumulative gains to NT$3,000 and NT$5,000/ton respectively. The move aligns with Yusco's September domestic price list issued on 29th August, which kept 430-grade flat while raising 304 by NT$1,500/ton and 316L surcharges by NT$2,500/ton. Persistently high raw material costs including nickel pig iron and stainless steel scrap, the approaching peak season, and growing downstream restocking needs drove the pricing revisions.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Stainless Steel Flash] Japan's Chugai Ro Delivers Electric Bright Annealing Line to Romania's Otelinox
2 hours ago
[SMM Stainless Steel Flash] Japan's Chugai Ro Delivers Electric Bright Annealing Line to Romania's Otelinox
Read More
[SMM Stainless Steel Flash] Japan's Chugai Ro Delivers Electric Bright Annealing Line to Romania's Otelinox
[SMM Stainless Steel Flash] Japan's Chugai Ro Delivers Electric Bright Annealing Line to Romania's Otelinox
Japan's Chugai Ro has delivered an electrically heated continuous bright annealing line (BA3) to Romanian stainless steel producer Otelinox. Ordered in January 2023 and commissioned in December 2025, the line processes stainless steel strip with thicknesses of 0.07–1.0mm and widths of 600–1,320mm. By replacing conventional combustion-based heating with electricity, the facility eliminates direct carbon emissions from the annealing process, avoiding an estimated 2,770 mt of CO2 annually while maintaining product surface quality and brightness. Chugai Ro has now delivered seven bright annealing lines to Otelinox since 1977, including the producer's first electrically heated unit in 1995. The project is expected to strengthen Chugai Ro's European market presence as it expands sales of electric heat-treatment equipment supporting decarbonization and productivity improvement.
2 hours ago
[SMM Stainless Steel Flash] India's JSL to Expand Coin Blank Making Capacity by 20% Amid Rising Global Demand
2 hours ago
[SMM Stainless Steel Flash] India's JSL to Expand Coin Blank Making Capacity by 20% Amid Rising Global Demand
Read More
[SMM Stainless Steel Flash] India's JSL to Expand Coin Blank Making Capacity by 20% Amid Rising Global Demand
[SMM Stainless Steel Flash] India's JSL to Expand Coin Blank Making Capacity by 20% Amid Rising Global Demand
India's Jindal Stainless (JSL) is expanding its coin blank making capacity by 20% to 12,000 mt/year to meet rising global demand for non-paper currencies. Produced under high-security arrangements at JSL's Special Products Division in Hisar alongside razor blades and precision strips, the coin blanks are customized to exact mint specifications including size, diameter, thickness, shape, and alloy composition. JSL currently supplies unstamped coins to mints in India, France, Finland, Poland, the Netherlands, Malaysia, Slovakia, and the UK's Royal Mint. The company is targeting new markets and additional denomination orders, highlighting stainless steel's lower carbon footprint as a competitive advantage in securing further global contracts.
2 hours ago
[SMM Stainless Steel Flash] Nippon Kinzoku Starts Production of Ultra-Thin Stainless for Insulin Needle Laser Welding
2 hours ago
[SMM Stainless Steel Flash] Nippon Kinzoku Starts Production of Ultra-Thin Stainless for Insulin Needle Laser Welding
Read More
[SMM Stainless Steel Flash] Nippon Kinzoku Starts Production of Ultra-Thin Stainless for Insulin Needle Laser Welding
[SMM Stainless Steel Flash] Nippon Kinzoku Starts Production of Ultra-Thin Stainless for Insulin Needle Laser Welding
Japanese stainless steel producer Nippon Kinzoku has commenced mass production of ultra-thin, narrow-width stainless steel optimized for laser welding in ultra-fine insulin needles, establishing a stable supply system in response to growing global demand. As 30G, 31G, and 32G ultra-fine needles gain wider adoption driven by compact pen injectors and weight-management medications, laser welding is increasingly replacing traditional TIG and plasma welding, enabling welding speeds over significantly thinner base materials. The new material features a representative thickness of 0.08mm and width of 6.3mm, more than 50% thinner than the 0.2mm/12.8mm specification used for TIG/plasma welding — with high-precision dimensional tolerances, consistent weldability across coils of up to 4,000 meters, and sufficient workability for drawing into ultra-fine needles without fracture. Nippon Kinzoku already supplies its NK-304NKM specialized stainless steel for thin-walled welded tubes used in medical and cosmetic applications.
2 hours ago
Tang Eng Iron Works announced September pricing adjustments on 31st Au - Shanghai Metals Market (SMM)