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Steel Pipe Prices Rise for Second Consecutive Month, Benefiting Major Producers
Non-Energy Minerals · Steel · economic_daily · 2026-10-18
2014
Domestic steel pipe manufacturers have raised prices for black and galvanized pipes, following upstream price hikes, boosting outlooks for firms like Chung Hung and Yieh Phui.
What Happened
Price Hikes: The upward trend in steel prices continues to ripple downstream, with manufacturers raising prices for black, galvanized, and structural steel pipes by over 1,000 TWD per metric ton.
Industry Impact: This two-month streak of price increases has bolstered market confidence, directly benefiting key players such as Chung Hung Steel, Kao Hsing Chang, Mayura, and Yieh Phui's subsidiary, Shinyang.
Cost Pass-Through: As steel pipes are essential for construction and infrastructure, these price adjustments help manufacturers pass on raw material costs, supporting order volumes and pricing stability for upstream steel mills.
Corporate Strategy: Shinyang Steel, backed by Yieh Phui's stable supply chain and effective inventory management, is well-positioned to improve its processing margins and maintain competitive pricing in the current market.