【SMM Steel】Taiwan's Yieh Phui sharpens price hikes as global energy, steel costs soar

Published: Apr 1, 2026 16:31
【SMM Steel】Taiwan's Yieh Phui announced significant April domestic/May export price hikes. Galvanized steel rose NT$1,700/t, pre-painted NT$2,000/t domestically; exports up $50/t. It's the 4th straight month of hikes. Energy, freight, and raw material costs are soaring amid Middle East tensions. Major global mills also raised prices. Galvanized steel prices in Taiwan have surged nearly 20% since late Feb. Low-cost inventory is depleting. Global economy is expanding.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Daily Hot-Rolled Coil Trading] Spot Trading Moved Sideways
Common.Time.minsAgo
[SMM Daily Hot-Rolled Coil Trading] Spot Trading Moved Sideways
Read More
[SMM Daily Hot-Rolled Coil Trading] Spot Trading Moved Sideways
[SMM Daily Hot-Rolled Coil Trading] Spot Trading Moved Sideways
[SMM Daily Hot-Rolled Coil Trading] On April 3, the total daily trading volume of hot-rolled coil at sample enterprises in four SMM cities (Shanghai, Lecong, Tianjin, and Ningbo) was 14,410 mt, down 70 mt day on day, or 0.5%, up 30.71% YoY on a calendar basis and up 12.31% YoY on a lunar calendar basis.
Common.Time.minsAgo
[SMM Steel] Vietnam steel prices are expected to rise in Q2 2026
Common.Time.hoursAgo
[SMM Steel] Vietnam steel prices are expected to rise in Q2 2026
Read More
[SMM Steel] Vietnam steel prices are expected to rise in Q2 2026
[SMM Steel] Vietnam steel prices are expected to rise in Q2 2026
[SMM Steel] Vietnam Steel Association expects steel demand in 2026 to grow around 10%, supported by construction activity and public investment. Data from MBS Research shows Q1 2026 growth led by construction steel (+12%) and HRC (+30%), while coated steel rose about 5%. Steel prices also increased in Q1, with construction steel up ~4% and HRC nearly 3%. The uptrend is expected to strengthen in Q2 amid improving demand and reduced pressure from Chinese supply.
Common.Time.hoursAgo
[SMM Steel] European steelmakers call for stronger protection for special steel
Common.Time.hoursAgo
[SMM Steel] European steelmakers call for stronger protection for special steel
Read More
[SMM Steel] European steelmakers call for stronger protection for special steel
[SMM Steel] European steelmakers call for stronger protection for special steel
[SMM Steel] Thyssenkrupp Steel Europe urged the European Commission to strengthen safeguards for grain-oriented electrical steel as low-cost Asian imports disrupt the market. Producers warn that current measures are insufficient, with cheaper imports already forcing production cuts in parts of Europe, particularly in France. The industry cautions that without stronger protections, domestic capacity and technical expertise may further decline.
Common.Time.hoursAgo