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Mixed responses to CSC's expected HRC price hikes in Taiwan’s market

20 May 2026 16:43 reported by Joy Liu

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China Steel Corporation (CSC)'s expected plan to raise hot-rolled coil (HRC) prices by NT$600 to NT$800 next month draws divided reactions.

Supporters believe another increase solidifies market rates and extends upward trends amid high global oil, freight, and steel costs. Opponents argue the mill should advance slowly so downstream mills can catch up and retain profits, warning rapid hikes might invite cheaper foreign steel to disrupt local trade.

Currently, higher steel prices trigger increased supply but slower trading. Buyers replenished inventories earlier, and profitable low-cost stocks are rushing out now.

Since actual demand remains flat, buying enthusiasm is low. However, domestic distribution rates find support because CSC's firm pricing serves as a stabilizing anchor, preventing panic selling despite the sluggish transaction pace.

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