Taiwan's China Steel Corporation (CSC), the largest integrated steel maker in Taiwan, announced its new price list for September. CSC increased the prices of hot-rolled plate/coil, hot-rolled coil applicable to rolling materials, and cold-rolled coil by NT$600/ton. Besides, the prices of electro-galvanized (EG) steel coil for anti-fingerprint and construction, hot-dip galvanized steel coil for construction and pre-painting, hot-dip galvanized steel coil for home appliances, computers, and other materials, and electrical steel (ES) coil were raised by NT$500/ton.

CSC noted that easing US trade uncertainties and expectations of another Federal Reserve rate cut this year support commodity market recovery. The IMF raised its 2025 global economic growth forecast to 3.0% and 2026 to 3.1%. Taiwan’s economic growth rate reached 7.96% in the second quarter, and the whole-year rate is expected to be better than the previous forecast of 3.1%

In the steel market, iron ore prices rose above US$100/ton, and coking coal surpassed US$180/ton. European mills anticipate stronger post-summer demand, while China’s policies and low inventories have boosted prices. With global steel conditions improving but tariffs and exchange rates posing risks, CSC announced a moderate price hike for September.