Yieh United Steel Corporation, one of the major stainless producers in Taiwan, has announced to cut the domestic prices for 300 grade and 400 grade stainless steel products by TWD 1,000 and TWD 1,500 per tonne respectively for July 2012 shipment.

Besides, the firm decided to reduce the export prices of its stainless steel products by USD 30 to USD 50 per tonne for July 2012 shipment.

YUSCO stated that it decided to cut the price for July 2012 due to the uncertain international market and impact brought by cheap imports.

Source - www.yieh.com)

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