Structural Steel Alert
🏗️ Rising Scrap Costs Drive Market Strength:
Feng Hsin Updates Prices; H-Beams & Channels on the Rise
The structural steel market is shifting towards a steady upward trend this month, influenced by rising international scrap metal costs and anticipation of summer power restrictions. Feng Hsin Steel and other major electric furnace mills have signaled upward price adjustments, officially dispelling the previous market downturn.
Domestic Scrap ↑ 200 TWD/ton
H-Beam / Channel ↑ 500 TWD/ton
Rebar Stable / Firm
Market Outlook
With public works and tech facility construction entering peak season, demand for structural steel remains stable. Benefiting from higher international raw material prices, steel mills show a strong intent to support price levels. We recommend construction units and processing plants secure steel quotas for April and May in advance to avoid potential secondary price adjustments following electricity rate hikes.
Looking for Reliable Structural Steel Supply and Instant Quotes?
Facing construction cost fluctuations, Guokai Digital Services helps you quickly access inventory for H-beams, angles, channels, and other specifications. Via our official LINE, you can receive the latest price changes from Feng Hsin and other major mills to ensure precise project cost control.
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