Taiwan’s carbon steel producer China Steel Corporation (CSC) announced comprehensive price increases for April and the second quarter of 2026.

Monthly contract prices for hot-rolled and cold-rolled coils rose by NT$1,200 per ton, while quarterly products, including steel bars, wire rods, and steel plates, hiked by NT$1,000 per ton. These adjustments reflect a strong 7.71% forecast for Taiwan’s annual economic growth and rising global manufacturing activity.

Soaring energy and shipping costs, driven by Middle Eastern tensions, pushed iron ore to US$110 and oil past US$100 per barrel. With international peers in the US, Europe, and Asia raising quotes coupled with tightening supply from China, CSC opted to meet the global upward trend to account for rising production expenses.