Taiwan''s market participants have initially investigated the order demand of downstream users after the Lunar New Year, finding there is strong demand for steel plates from the steel structure industry.
After the Lunar New Year, international steel prices are upbeat due to a surge in raw material prices. Many purchasers were still waiting and watching before the price hikes.
The steel structural business still has high visibility of orders and the order is scheduled to release during the next 1-3 months.
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