【SMM Steel】Taiwan's downstream manufacturers oppose CSC's proposed July price hike

Published: Jun 1, 2026 16:09

Save

【SMM Steel】Taiwan's CSC is expected to raise July HRC prices by 300-500 TWD/tonne, but faces resistance from downstream buyers as Asian HRC prices have recently dropped due to currency depreciation, trader short-selling, and falling Chinese markets. Local buyers argue that raising Taiwanese prices during an Asian downturn creates an awkward mismatch. They propose a compromise: a nominal price increase offset by private discounts. Market participants note Taiwan operates at its own pace, especially after AD duties on Chinese HRC, and suggest CSC focus on completing AD measures against Chinese CR steel to secure long-term domestic stability.

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

1 hour ago

Tangshan Qian'an Raises Steel Billet Prices by 10 to 3,030 Yuan/mt on June 1

[Steel Billet Price Adjustment] On June 1, Tangshan Qian'an plain square billet resources were raised by 10 ex-factory, tax included, quoted at 3,030. (yuan/mt) [SMM Steel]

1 hour ago

[Shagang June 2026 Hot-Rolled Steel Price Adjustment Information]

On June 1, Shagang steel mill adjusted ex-factory prices for hot-rolled steel. This adjustment was based on "Shagang's May 2026 Hot-Rolled Steel Price Adjustment Information issued on May 1." The specific adjustment details are as follows: ① The price of hot-rolled coil Q235B was raised by 100 from the previous period. The current execution price of Q235B 5.75*1500*C hot-rolled coil is 3,700 yuan/mt. The above adjustments are all tax-inclusive, effective from June 1, 2026. [SMM Steel]

1 hour ago

[SMM Steel Shipping] Last Week China's Total Steel Exports Rose 16% WoW

During this period, steel port departures from China's main ports totaled 2.2776 million mt, up 16% WoW.

1 hour ago