Due to a sharp price increase in the international market, at the moment, Taiwan's import steel sheet quotation continued breaking its own record.

The participants of the industry now find it's hard to import the same materials at a lower cost. Since fewer purchases are made from other countries, traders have to raise the price of actual goods in the local market as a response to the difficult situation.

Meanwhile, steel traders from China and Malaysia started and stopped making quotations, which has intensified the shortage of available materials in the market and has encouraged the price of actual goods to go up further.