Market Alert: Slowdown in Growth, Structural Adjustments
Following a significant surge in April, the steel market entered a consolidation phase in early May. Feng Hsin's latest prices show scrap and rebar holding steady, while section steel sees a targeted increase.
Domestic Scrap Flat (0)
Rebar Products Flat (0)
Section Steel Base ↑ 500 TWD/ton
1. Feng Hsin Pricing: Growth Pauses
According to the latest update from Feng Hsin Steel on May 11, domestic rebar and scrap prices remain "flat" this week. This reflects a digestion period where downstream users are absorbing the costs from April's intensive price hikes.
Scrap Metal (TWD/ton) Unchanged
Rebar (TWD/ton) Unchanged
Section Steel (TWD/ton) +500
📍 Expert Analysis: Although scrap metal remains flat, the 500 TWD increase in section steel base prices is likely due to the category lagging behind rebar's previous growth, combined with rising electricity and processing costs.