[SMM Stainless Steel Flash] Chinese Taiwan's Stainless Steel Mills Enjoy Revenue Surge on Firming Prices

Published: Jun 12, 2026 14:17

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Several Chinese Taiwan stainless steel producers reported strong May revenue growth on the back of market recovery and firming prices. Cold-rolled sheet producer Chien Shing led the sector with a revenue surge to NT$238 million, driven by downstream distributors rushing to restock as LME nickel prices strengthened. Ta Chen International posted NT$11.7 billion in May revenue, up 42.5% YoY, supported by expanded local production and strong pricing power at its Texas facility in the high-tariff US market. Stainless steel pipe maker Froch recorded a 37.9% YoY increase to NT$1.19 billion, underpinned by robust demand from domestic semiconductor plant expansions and inventory replenishment in Europe and the US.

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