Yieh Phui Enterprise Co., Ltd. (Yieh Phui), a leading coating steel producer in Taiwan, announced price hikes for both local and overseas markets for February last Friday (January 30).

Domestic prices for galvanized and pre-painted steel rose by NT$500/ton, the second consecutive monthly increase. Meanwhile, export prices for March climbed by US$10/ton, ending six-month flat pricing.

Yieh Phui pointed to a stabilizing global economy and high raw material costs as primary drivers. Iron ore remains near US$106/ton, and Australian coal surged to US$190/ton, providing strong price support. In addition, China’s crude steel output hit a seven-year low in 2025 at 950 million tons, reducing regional supply pressure.

With Taiwan’s exports hitting record highs and US tariff policies becoming clearer, Yieh Phui expects a steady upward trend for the steel industry throughout 2026.