Steel sheet prices in Taiwan continue to rise

Due to the sharp rise in prices in the international market, Taiwan's quotations for steel sheet imports continue to break their own record at the moment.

It is now difficult for industry participants to import the same materials at a lower price. Since fewer purchases are made in other countries, traders are forced to raise the prices of real goods in the local market in response to the difficult situation.

Meanwhile, steel traders from China and Malaysia started and stopped quotations, which exacerbated the shortage of available materials in the market and further increased prices for rolled metal products.