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[Ferro-Alloys.com]Tang Eng, one of the major stainless steel producers in Taiwan announced to cut the domestic prices for 300 grade cold rolled coils (CRC) by NTD1,500/ton and to decrease the export prices by USD40/ton for October in order to reflect the currently falling nickel prices.

In fact, Tang Eng announced to hike its October domestic and export prices by NTD4,500/ton and USD150/ton respectively in end of September due to sharply surged nickel prices.

However, since the nickel prices dropped substantially this week, Tang Eng decided to cut its list prices.

• [Editor:editor]