Stimulated by the demand in the automotive market, marketing analysts said that the price of steel will increase in the next five years, and the price will remain high especially in the third and fourth quarters.

Experts pointed out that all automotive sectors in the world are facing a lack of raw materials. However, global environmental awareness is rising, which is good for replacing the old automotive.

Therefore, the demand for cars increased continuously. The suppliers in Taiwan who offer those materials for global automotive companies also get good profits.