[SMM Stainless Steel Flash] Walsin Lihwa Forecasts Q2 2026 Growth Driven by Stainless Steel and Cable Sectors

Published: May 12, 2026 09:43

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Walsin Lihwa, Chinese Taiwan's leading stainless steel wire rod and cable producer, expects its stainless steel and cable divisions to outperform their Q1 results in the second quarter of 2026. The company noted that rising raw material costs and Chinese export controls are driving prices higher in the Chinese Taiwan, while China's inventory restocking and European seasonal peaks, coupled with carbon tax impacts, are boosting global demand. Meanwhile, the resources segment is expected to remain stable despite higher NPI production costs in Indonesia. The company’s new subsea cable joint venture with NKT is on track for completion by year-end, with revenue contributions slated for 2028.

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