It is reported that although YUSCO and Tang Eng kept the domestic prices unchanged for 300 series stainless steel product in November, most local buyers thought their prices are still higher than their expectation.
According to the market analyst, the local mills should secure raw materials at lower price in order compete with low-priced stainless steel imports.
Contrarily, the export price increased by USD 60 to USD 100 per tonne due to global demand recovery.
(Sourced from YIEH.corp)
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