Feng Hsin Steel Co., Ltd., a leading electric furnace mill in Taiwan, said it will postpone its planned price announcement originally set for April 7 and will instead make the announcement on April 14, citing the need for market observation due to fewer working days during the upcoming Qingming Festival and Children’s Day holidays.

The decision follows a week with only three operational days, which limited the company’s ability to fully assess international raw material trends and domestic steel market dynamics. By delaying its pricing decision, Feng Hsin aims to gather more comprehensive data before making adjustments to its steel products.