Taiwan’s upstream stainless steel mills recently raised quotes for the fourth month in a row, driven by high raw material costs and production policies in Indonesia. New export regulations in China and expectations for a seasonal demand recovery also supported this upward trend. Despite these increases, local market prices remain stable as buyers adopt a watchful stance.
Global nickel prices show increased volatility due to Middle East tensions, while other alloy costs remain firm. Although the New Taiwan Dollar (TWD) strengthened recently, high production expenses continue to pressure the industry.
Market participants will focus on actual demand recovery and international economic changes to determine if this growth momentum persists through the peak season.