- Higher raw material costs support Nov’26 price hikes
- Firmer global and domestic markets support higher offers
Taiwan’s leading steelmaker, China Steel Corporation (CSC), has raised prices of flat steel products by TWD 900/t ($28/t) for November 2026 sales. The increase covers hot-rolled coils (HRC), cold-rolled coils (CRC), electro-galvanised (EG) steel coils and hot-dip galvanised (HDG) steel coils, among other flat steel products.
The price hike was driven by higher raw material costs and firmer steel market conditions. Rising iron ore and metallurgical coal costs have increased steelmaking expenses, supporting the need for higher selling prices.
Meanwhile, global steel markets have strengthened, with several major steelmakers raising their offers. This firmer international pricing environment has provided additional support to CSC’s November price adjustment.
In Taiwan, improving downstream demand and stronger economic activity have also supported domestic steel market conditions. The combination of higher production costs and firmer global and domestic markets led CSC to raise its November flat steel prices.
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