Taiwan's Yieh United Steel Corporation has announced to cut the stainless steel prices for June 2011 delivery.

The company decided to decrease the domestic prices by TWD 5,000 to TWD 6,000 per tonne and cut the export prices by USD 30 to USD 200 per tonne.

YUSCO indicated that the company cut the prices, considering to the current market situation and the fluctuated raw material prices.

(Sourced from www.yieh.com)