As the current H beam market price is lower than mill's listed base price and the market demand remains weak in the Taiwanese domestic market, most of the local H beam buyers in the Taiwan have requested the H beam makers to cut their new price for December.

However, it seems the Taiwanese H beam mills are unwilling to reduce prices.

In November, the H beam market price in Taiwan has dropped from NT$23,200~NT$24,300/ton~NT$22,700~NT$23,800/ton, falling by NT$500/ton.

However, the mill's listed base price has still stayed at NT$23,500~NT$24,600/ton which means the mill's base price is NT$800/MT higher than the market transaction price. For mill's position, they have no reasons for them to cut new offer price in this December.