[Taiwan's buyers continue importing Chinese cold-rolled steel amid AD case uncertainty]

Published: Jul 9, 2026 16:30
Taiwan's cold-rolled steel buyers remain active in securing Chinese material as the anti-dumping petition filed by CSC over three months ago still awaits formal investigation. In a parallel case, on February 10, the Ministry of Economic Affairs preliminarily found that imports of non-oriented electrical steel from China and South Korea have caused material injury to the domestic industry, and the case will be forwarded to the Ministry of Finance for dumping investigation. Market participants noted that the prolonged delay in the cold-rolled probe has encouraged importers to stock up on lower-priced Chinese material, with June imports reaching about 40,000 tonnes. Despite Chinese mills raising offers to defend margins amid falling domestic prices, discounts remain available for large orders, sustaining an arbitrage opportunity versus local Taiwanese prices.

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 for 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 Steel]
Common.Time.minsAgo
[SMM Steel]
Read More
[SMM Steel]
[SMM Steel]
[Sheets & Plates] Today, the export prices of HRC and other sheets & plates remained stable day-over-day, with HRC transaction prices ranging from $489-497/mt. Market inquiry performance was moderate today, eased slightly compared to yesterday. The price spread advantage of semi-finished products weakened, and some traders also began to reduce their attention to related varieties.
Common.Time.minsAgo
HRC Total Inventory WoW Destocking, Expected WoW Increase Next Week
Common.Time.minsAgo
HRC Total Inventory WoW Destocking, Expected WoW Increase Next Week
Read More
HRC Total Inventory WoW Destocking, Expected WoW Increase Next Week
HRC Total Inventory WoW Destocking, Expected WoW Increase Next Week
This week, the HRC social inventory at 86 warehouses nationwide (large sample) tracked by SMM stood at 4.3425 million mt, down 33,200 mt WoW, or down 0.76% WoW, and up 45.74% YoY on a lunar calendar basis. By region, the northeast China market saw a relatively large destocking, the central China market experienced a slight accumulation, and the south China, east China, and north China markets underwent narrow destocking.
Common.Time.minsAgo
Sheets & platers prices moved sideways, with intraday market transactions showing mediocre performance.
Common.Time.minsAgo
Sheets & platers prices moved sideways, with intraday market transactions showing mediocre performance.
Read More
Sheets & platers prices moved sideways, with intraday market transactions showing mediocre performance.
Sheets & platers prices moved sideways, with intraday market transactions showing mediocre performance.
The most-traded HRC futures contract closed at 3298 today, up 0.12% for the day. Spot side, sheets & plates prices mostly held steady, with overall transactions pulling back slightly from the previous trading day, and end-user wait-and-see sentiment was relatively strong. SMM's weekly HRC supply-demand balance data was released today: affected by maintenance at some steel mills, HRC production fell WoW this week. Inventory side, SMM's statistics showed social inventory of HRC at 86 warehouses nationwide (large sample) at 4.3425 million mt, down 33,200 mt WoW (-0.76%), and up 45.74% lunar YoY. By region, the Northeast market saw a larger destocking, Central China market accumulated slightly, and South China, East China, and North China markets moved sideways in destocking. This week, inventory edged lower. Inventory is expected to enter an accumulation phase from next week, with supply-demand imbalance gradually intensifying. Overall, in the short term, sheets & plates prices consolidated near the bottom, with the most-traded HRC contract watched at 3270-3330. Watch factors such as macro meeting hype and the intensity of steel mill production cuts in mid-to-late month. HRC price fluctuation range is expected to widen in mid-to-late this month.
Common.Time.minsAgo
Taiwan's cold-rolled steel buyers remain active in securing Chinese ma - Shanghai Metals Market (SMM)