Entering February, Taiwan's stainless steel market was impacted by significant price increases from upstream steel mills, putting pressure on both domestic and export sales.

At present, domestic demand is recovering slightly, and some inventory is still being digested after price-up. However, export sales are hampered by buyers' wait-and-see attitude, resulting in limited actual transactions. Traders have observed active inquiries from Europe, America, and Asia. 

Furthermore, after the price increase in January, buyers are now more comfortable with current prices and are gradually showing a need to replenish stock. In fact, the export market still faces relatively low-price competition from Indonesia, Vietnam, and China. 

On the other hand, India's BIS certification expires between March and May. If upstream mills fail to obtain certifications, they will struggle to secure subsequent orders, making a potential shift of supply to the Indian market a key focus.