Recently, Taiwanese major stainless steel mills including Yieh United Steel Corporation and Tang Eng have continued to restrict their production though nickel prices turned strong in July 2011. It is known that Yusco has remained its monthly production at about 78,000 tonnes to 80,000 tonnes and Tang Eng has keep its monthly output capacity at 28,000 tonnes to 30,000 tonnes since June 2011.
Meanwhile, Yusco hiked its export prices and domestic prices for 300 series stainless steel products by USD 150 to USD 170 per tonne and TWD 3,500 per tonne respectively for August 2011.