Yieh Phui Enterprise Co., Ltd. (Yieh Phui), a leading coating steel producer in Taiwan, has announced unchanged prices for both galvanized and pre-painted steel products for domestic sales in November and export sales in December.

The company's decision was based on expectations of continued monetary easing in the US, which could stimulate the market, and stable economic recovery in Europe and Taiwan. Yieh Phui believed that strong external demand for artificial intelligence-related technologies is a key factor supporting Taiwan's economy.

Regarding steel supply, the World Steel Association (worldsteel) forecasted global steel demand will grow by 1.3% to 1.772 billion tons next year. Yieh Phui also said that China's consistent reduction in crude steel output and the high cost of raw materials support stable pricing. The overall market tone is stable, despite ongoing global trade and tariff challenges.