Yieh Phui Enterprise Co., Ltd. (Yieh Phui), a leading coating steel mill in Taiwan, announced that it hiked its domestic sales price of galvanized and pre-painted steel products by NT$500/ton for January next year, and the export price was up by US$25/ton. The adjustment was to reflect the rise in the international market and higher costs of raw materials.

Yieh Phui said that this moderate price increase was made on the premise of keeping the competitiveness of the market amid the current issues of wars, epidemics, and inflation across the world.