China Steel Corporation (CSC), Taiwan’s leading carbon steel producer, reported a stabilizing global steel environment and pointed out that the market is moving toward recovery.

Rising raw material costs, with iron ore reaching US$105 to US$110 and coking coal hitting US$215, provide firm price support.

Internationally, US hot-rolled coil prices exceeded the US$1,000 threshold, while European and Canadian markets have gradual rebounds due to new quota and tariff regulations. China’s upcoming export licensing system, effective on January 1, 2026, expects to curb excessive supply, aiding Asian price stability.

Although domestic traditional industries face lingering challenges, CSC’s modest price increases for January and the first quarter reflect this bottoming-out trend. The company aims to maintain downstream competitiveness while navigating a cautious year-end inventory adjustment period.