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Taiwan's 316L Stainless Steel Prices Driven up by Surged Molybdenum Price

2023-10-05
Most of Taiwan’s upstream stainless steel mills raised their prices for September. The surcharge of 316L products had been in particular hiked by three months in a row, with a total increase of NT$6,000, due to the surged molybdenum price.

Among them, Yieh United Steel Corp. (Yusco) raised its 316L surcharge by NT$3,500/ton for this month, and the increase in July and August was NT$1,500 and NT$1,000, respectively.



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