The recent depreciation of the Taiwan dollar has led to higher imported coil prices. Although market demand has not shown a significant improvement, steel transaction prices have continued to move upward. Downstream users are gradually recognizing that the current price increase is largely driven by tightening supply conditions.

Several key factors have contributed to the recent price momentum, including a noticeable price increase in the European and US steel markets, a significant reduction in the influence of Chinese coils in the Asian market due to anti-dumping measures and export licensing controls, rising freight costs for related steel materials following the conflict in the Middle East which has increased overall production and transportation costs, and continued increases in international slab prices.

As a result, imported coil prices have remained firm and are now approaching spot market levels.