Stainless steel prices for Jul expected to stable or slightly increase
This week, Taiwan's Yieh United Steel Corp. (Yusco), Tang Eng Iron Works Co., Ltd., and Walsin Lihwa Corp. will gradually announce their stainless steel prices for July. Despite weak market demand, it might impact the prices.
However, considering the higher production costs and the impact of exchange rates, the prices are expected to be stable or a slight increase, which could stimulate market buying activities.
