Tel :
Tel :
China Steel Corporation (CSC), Taiwan's largest steelmaker, has announced a comprehensive hike in domestic steel prices for the coming month—ranging from NT$1,000 to NT$1,200 per tonne—driven by a seasonal rebound in demand and downstream inventory restocking; this marks the fifth consecutive month of price increases.
The company noted that this round of price hikes coincides with improving industry fundamentals. DX51D+AS steel strip ,The World Steel Association recently projected that global steel demand will grow by 0.3% to 1.724 billion tonnes in 2026 and by 2.2% to 1.762 billion tonnes in 2027, signaling an industry recovery.
However, CSC also pointed out that tensions in the Middle East have pushed international oil prices to around US$100 per barrel, driving up shipping and raw material costs. Currently, iron ore prices hover between US$100 and US$110 per tonne, while coking coal prices range from US$230 to US$240 per tonne, keeping steel production costs on the rise. Against this backdrop, major global steelmakers are generally raising their quotes.
In overseas markets, Nucor Corporation raised prices for the 13th time this week, pushing the price of hot-rolled coil (HRC) in the U.S. above $1,150 per tonne—a two-year high. DX51D+AS steel strip ,In Europe, production cuts and import quota measures drove HRC prices above $820 per tonne. In Asia, Baosteel and Hoa Phat Group also raised their prices; regional prices for hot-rolled and cold-rolled coils have risen by a cumulative total of more than $100–$120 per tonne since the beginning of the year.
CSC stated that these price adjustments take into account cost structures and market conditions, aligning with the global upward trend in steel prices. DX51D+AS steel strip ,Specifically, prices for hot-rolled coils and cold-rolled coils were raised by 1,200 yuan per tonne, while prices for electro-galvanized coils, hot-dip galvanized coils (for construction, coating, and home appliances), and electrical steel coils were increased by 1,000 yuan per tonne.
