- China export licensing may ease global supply pressure
- Weak Taiwanese dollar adds pressure on input expenses
SteelDaily: Taiwan’s leading stainless steel producer, Walsin Lihwa, has announced a price hike for its January 2026 shipments, citing rising cost-side pressures and improving global financial conditions. The company raised prices of 300-series stainless steel by TWD $4,000/t ($126/t) and 200-series by TWD $1,000/t ($32/t), while prices of 400-series and 316L Extra remained unchanged.
The revision was primarily driven by the rebound in international nickel prices and the continued depreciation of the New Taiwan Dollar, which has lifted production costs. Walsin Lihwa also pointed to a more supportive global financial environment, underpinned by US interest rate cuts and bond-buying measures, which has strengthened base metal prices.
On the supply front, the company highlighted China’s upcoming steel export licensing system, set to be fully implemented from January 2026, as a key structural factor. The policy is expected to ease export pressure from China, help curb global oversupply, and support a gradual recovery in stainless steel demand going forward.
Note: This article has been published in accordance with a content exchange agreement between SteelDaily and BigMint.
Leave a Reply