The continued price rise of cold-rolled coil (CRC) in China and South Korea has dampened import demand, further weakened by the depreciation of the New Taiwan Dollar. Following the announcement of the steel export license policy by the Chinese authorities, Chinese mills have also raised their offers. However, Taiwan's industry players are adopting a conservative approach, observing future trends first. 

Market participants believe that, despite sluggish demand, confidence in CRC prices will recover as inventories are gradually depleted. Furthermore, current CRC prices are already at the bottom, leading to a reluctance to sell, with some distributors no longer dumping stock at low prices. 

This time, CRC price remained stable, while import offers also rose. If the global trend rises further, the domestic spot market will also see a rebound.