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Analysis of Steel Price Trends in April 2026: Market Enters a Bullish Phase 2026/04/01

MARKET REPORT | APRIL 2026

📊 April 2026 Steel Price Analysis:
Market Formally Enters Bullish Phase

Market-wide Hikes Structural Recovery Cost-Driven

Market Alert: CSC Hikes Coupled with Feng Hsin

Recent signals show a definitive strengthening of the steel market, trending towards a "comprehensive price increase."

CSC Max Monthly Hike ↑ 1,200 TWD/ton
Stainless 304 Increase ↑ 4.0 TWD/kg
Scrap/Rebar Increase ↑ 200 TWD/ton

1. CSC April List Price: Largest Hike in 16 Months

China Steel Corporation (CSC) announced a "thousand-dollar level hike" for its April and Q2 list prices, marking the largest increase in nearly 16 months. This reflects strong confidence in the market, with Hot-Rolled, Cold-Rolled, and Galvanized steel coils all seeing price adjustments.

CSC April & Q2 2026 Price Adjustment Table
📍 CSC April & Q2 2026 Price Adjustment Table (Official Announcement)
Monthly List Products +1,000 ~ 1,200
Quarterly List Products +1,000

2. Synchronized Rise in Stainless Steel

According to market circulation data (Yieh United), the stainless steel rally is robust. The overall structure is shifting upwards, with 304 and 316L being strongly supported by nickel price momentum.

Yieh United Opening SMS Screenshot

📍 Yieh United April Opening Info (304, 430, 316L)
 
304 +4.0
430 +1.5
316L (Surcharge) +4.0
📍 Key Observation: Synchronized hikes in 304 and 316L indicate strong nickel price support; the smaller 430 hike reflects lower iron cost influence.

3. Feng Hsin Steel: Comprehensive Strengthening

Real-time data from early April shows Feng Hsin adjusting prices for several consecutive weeks, reflecting sustained pressure from raw material costs—a sign of "cost push + demand recovery" occurring simultaneously.

Scrap (TWD/ton) +200
Rebar (TWD/ton) +200
Section Steel (TWD/ton) +500

4. Why Is It Rising Now?

1. Raw Materials & Geopolitics

Iron ore has returned to $110, while Middle East tensions have driven up oil prices and maritime logistics costs.

2. China Production Cuts

Decreased production and environmental controls have tightened global supply, providing strong price support.

3. Release of Downstream Demand

Inventory replenishment in manufacturing and construction is starting, giving mills the confidence to adjust prices.

5. Practical Impact on Procurement

Shorter Quote Validity

With high volatility, quote validity periods will be significantly shortened.

Accelerated Order Confirmation

Delaying an order isn't just a wait; it likely means paying more.

Tightened Processing Times

Scheduling pressure is increasing; we recommend early contact to confirm.

Want to Navigate Price Volatility?

Facing the 2026 upward cycle, Guokai Steel provides "real-time market info" and "smart reconciliation systems" to help you secure cost advantages in a changing market.

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