Category: Stainless Steel
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Taiwan: Walsin Lihwa posts record H1 profit as stainless steel sales rise 12% y-o-y
Higher raw material costs supported product prices Q3 performance expected broadly similar to Q2 Taiwanese stainless steel producer Walsin Lihwa recorded its highest-ever first-half net profit, supported by strong second-quarter performance across its stainless steel, resources and wire and cable businesses. The company’s stainless steel sales increased 12% y-o-y in Q2, while higher raw material…