[Taiwan inundated by Chinese cold-rolled steel imports]

Published: Jul 16, 2026 16:11

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Taiwan's cold-rolled steel imports reached 102,000 tonnes in June, with Chinese products accounting for 98,000 tonnes. Market participants estimate that 1B grade steel made up at least 80% of these shipments. Although anti-dumping concerns deter buyers from standard CQ1 materials, transactions concentrate heavily on 1B grade instead. Domestic consumption in China is weak because of sluggish home appliance and automotive manufacturing. Although China's new energy vehicle exports rose by 65% to 5.1 million units in the first half of 2026, steel mills reported lower-than-expected cold-rolled order volumes. Exporters report stagnant international activity, noting a prolonged absence of cold-rolled export deals amid frozen global inquiries.

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