The closure of Kao Yung Steel, Taiwan's sole domestic producer of elevator guide rails, light rail, and two-inch channel steel, in February has created a vacuum, spurring both domestic development and import activity.

Domestic mill Feng Hsin Steel quickly developed a new small channel steel product, setting up a clash with imported alternatives. However, light steel rail, used for elevators and cranes, has become a major battleground for importers.

Due to the supply stoppage, prices for certain light steel rails, particularly the 6K size, sharply increased due to limited availability from traditional suppliers.

Now, Chinese-origin rails in the 9K to 30K range are entering the market, causing a correction in circulation value. Imports of the highly sought 6K product are also expected soon. This influx of lower-priced Chinese imports is expected to ignite a new competitive pricing phase.