[SMM Stainless Steel Flash] Chinese Taiwan's Stainless Steel Sector Gains Momentum on Nickel Price Surge

Published: Apr 21, 2026 18:06

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Global nickel prices surpassed US$18,000/ton, driven by Indonesia's revised nickel valuation and Middle East geopolitical instability, prompting expectations of May price adjustments from Chinese Taiwan's domestic mills. On the corporate front, Walsin Lihwa is expanding into high-value sectors including aerospace, nuclear power, and AI server components, with cold-finished bars serving cooling systems. YC Inox is leveraging its Turkish facility to capture demand in EU and North African markets. With Chinese stainless steel futures hitting two-year highs, Chinese Taiwan's producers anticipate improved margins as raw material costs are passed downstream, positioning the industry for a strong Q2.

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