[Taiwan's steel mills secure rebar orders without halting sales]

Published: Jul 14, 2026 16:45

Save

Rebar buyers in Taiwan have begun releasing orders, allowing domestic steel mills to secure notable volumes. Feng Hsin Steel reportedly captured 20,000 tonnes of orders, while a Kaohsiung-based steelmaker secured over 10,000 tonnes. Despite these bookings, manufacturers show no signs of suspending sales, as some distributors in southern Taiwan remain hesitant to enter the market. These volumes represent a limited release after ten weeks without major orders, offering only modest relief to high-capacity mills. Downstream purchasing patterns now reflect slower inventory depletion rather than pure financial considerations. Buyers have adopted a low-volume purchasing model, limiting acquisitions to quantities they can readily resell.

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

1 min ago

Krakatau POSCO Expands in Indonesia

Upstream of steel in Indonesia, Krakatau POSCO will expand through $4 billion investment to meet steel demand and improve company’s global production. This phase is expected to not only improve upstream but also downstream facilities so the higher value-added steel can be produced for domestic and regional market.

1 min ago

2 mins ago

[SMM Steel] Vietnamese Mills Increase Domestic HRC Discounts amid Import Competition

[Vietnam] Domestic Vietnamese SAE1006 HRC was indicated at around USD 520/tonne CIF Vietnam. Facing stronger competition from lower-priced imported material, one local mill offered discounts of USD 10–12/tonne to major domestic customers to support bookings. Another Vietnamese mill was expected to announce a new round of HRC offers later in the week, with the market watching the extent of any price adjustment.

2 mins ago

12 mins ago

[SMM Steel] Indonesian Wire Rod Prices Remain Low

[Indonesia] Indonesian wire rod prices are currently stable at 475 USD/metric ton FOB. These prices are no longer fluctuating within the range seen in previous days, as mills in Indonesia are ready to offer buyers a price of 475 USD/metric ton FOB. This is due to pressure, primarily from Chinese products, which continue to experience price declines and have successfully pushed Indonesian wire rod prices lower. However, barring any additional pressure, this may be the lowest price, as some Chinese steel mills are only able to sell at 480 USD/metric ton; thus, pressure on Indonesian prices may ease slightly going forward.

12 mins ago