[SMM Stainless Steel Flash] Chinese Taiwan's Tang Eng Reports Decreased Stainless Steel Sales for 2025

Published: Jun 11, 2026 13:27

Save

Tang Eng Iron Works distributed approximately 159,000 tons of stainless steel products in 2025, down 13.1% YoY and falling short of its 216,000-ton budget target. Cold-rolled and hot-rolled output declined 14.9% YoY to around 159,000 tons, despite raw steel production rising 6.3% to 31,285 tons. The company attributed the declines to US tariffs, exchange rate fluctuations, geopolitical tensions, and oversupply from cheap Chinese steel exports. To improve performance, Tang Eng plans to stabilize core business profits, leverage land assets for non-operating income, and introduce sustainability programs tied to its core operations.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Jun 12, 2026 23:20

SMM Nickel Flash: NPI Prices Decline, Market Weak with Light Trading and Significant Price Divergences

[SMM Nickel Flash] The average price of SMM 10-12% high-grade NPI declined WoW by 1 yuan/nickel unit to 1,143.1 yuan/nickel unit (ex-factory, tax included), while the average Indonesia NPI FOB index price fell WoW by $0.35/nickel unit to $147.33/nickel unit. This week, the NPI market was overall weak, with futures trends becoming the core factor affecting spot pace. Trading throughout the week was generally light, price divergences were significant, and structural gaming persisted throughout.

Jun 12, 2026 23:20

Jun 12, 2026 23:18

SMM High-Grade NPI Market Sentiment Rises, Futures Rebound Boosts Spot Trades

[SMM Nickel Flash] June 12 - SMM high-grade NPI market sentiment factor was 2.28, up 0.02 MoM; the upstream sentiment factor for high-grade NPI was 2.73, up 0.01 MoM; and the downstream sentiment factor was 1.82, up 0.01 MoM. The rebound in futures today drove a slight recovery in market sentiment, with spot trades of NPI showing a periodical recovery, increased transactions in the market, and differentiated prices across regions and grades.

Jun 12, 2026 23:18

Jun 12, 2026 23:17

SMM High-Grade NPI Market Sentiment Rises, Futures Rebound Boosts Spot Trades

Jun 12, 2026 23:17