Yieh United Steel Corp. (Yusco), a leading stainless steel manufacturer in Taiwan, announced a substantial price hike for January 2026, driven by rising production expenses. The company increased the price of 304 stainless steel by NT$5,000/ton, while 316L products rose by NT$1,000/ton. Prices for the 430 series remain unchanged. This decision reflects a second consecutive monthly increase for the main 304 hot-rolled and cold-rolled products.

Yusco said the decision was due to tighter nickel ore quotas in Indonesia, which drove up nickel pig iron costs. Besides, China’s new export licensing system, effective January 1 next year, aims to stabilize global supply.

With global interest rate cuts improving liquidity and AI industry demand lifting base metal prices, the company adjusted its rates to account for these changing market conditions.