In October 2025, conditions in the Galvanized Plain Sheet market in Taiwan were mixed, with prices falling 0.29% at the end of the month following an early 2.73% increase. November and December outlooks point to moderate increases of 1.3% and 0.5% in support of infrastructure recovery and year-end restocking.
The performance of the Galvanized Plain Sheet in Taiwan was mixed during October 2025, beginning with strong momentum but moving to a weakening trend as the month progressed. The market started with a strong momentum, as Hot Dipped Galvanised Coil FOB Taichung climbed 2.73% at the beginning of the month of October, owing to the zinc supply deficit and increasing cost of substrate. Yet this bullish view disappeared later with prices falling 0.29% at the end of the month, as the market failed to find a footing to raise momentum amid weak downstream consumption.
The rise in Galvanized Plain Sheet prices in the first week of October was driven by tight supply especially LME zinc breaching the 3,000-ton level and exchanges inventories falling to 40,350鈥倀onnes. Meanwhile, directives stopping the buying of Jimblebar blend fines also posed risk to substrate supply and Taiwanese鈥俶ills such as China Steel Corporation and Yieh Phui Enterprise took upward price moves. The supply concerns masked temporary demand side weaknesses and pushed up Galvanized Plain Sheet quotes.
The market was steady through mid-October when Galvanized Plain Sheet prices remained stable, and the鈥俶arket was balanced at normal running. But the prevailing negative twelve-week pattern kept pulling the moving average downward in stages throughout鈥倀he month. Manufacturing production decreased by 2.40% month-over-month in September, while export orders slipped by 9.5% so far this year, signalling a cautious approach for production.
The demand for Galvanized Plain Sheet was moderate from the downstream鈥俰n major application markets. The automotive industry was mixed, new鈥倂ehicle registrations fell by 11.8% year-on-year though rebounded by 9.4% month-on-month due to supportive revised tax policies. Building activity saw consolidation, residential sales dipping 3.5% on the鈥俶onth, but public-end infrastructure work gave some support. The average鈥俤emand combined with end-user hesitancy led to inventory accumulation, undermining price stability.
By late October, Galvanized Plain Sheet market sentiment turned cautious as normal conditions prevailed with minimal disruptions across the value chain. The absence of material shifts in supply-demand dynamics or upstream cost pressures resulted in range-bound pricing. Export inquiries remained subdued as overseas buyers adopted wait-and-see positions, while domestic appliance and construction sectors maintained steady but unspectacular absorption rates.
Looking ahead, the Galvanized Plain Sheet market outlook for November and December 2025 indicates modest recovery potential. Prices are forecast to increase 1.3% in November and 0.5% in December, supported by several positive factors.
Recovery in domestic construction and infrastructure spending is expected to boost Galvanized Plain Sheet demand, while moderating global trade tensions and eased US tariffs should reduce downward pressures. Year-end restocking by appliance and electronics manufacturers, combined with holiday-season preparations in consumer goods sectors, will likely drive short-term gains for Galvanized Plain Sheet.
