Steel News

We strive to let you one step ahead of the market.

Walsin Lihwa: Company's performance in stainless steel industry to improve in H1 2023

2 Mar 2023 16:32 reported by Joy Liu

A A A
Taiwan’s Walsin Lihwa said that the company’s performance in the stainless steel business in the first half of this year was expected to be better than that in the second half of last year as China's relaxing epidemic control restrictions drove private consumption and investment.

Walsin has had many major investment projects in recent years. The company’s resource investment in Indonesia, including nickel matte and nickel pig iron, was expected to start mass production in the first quarter of next year, with an annual production capacity of 150,000 tons of nickel metal, and Walsin can get about 84,000 tons of nickel metal according to the investment ratio.

Walsin said that the stainless steel business fluctuated greatly in the past. In order to ensure the source of materials, the company had several major investment projects in Indonesia.

Back to Steel News

Related News

Allium Engineering triples bridge lifespan with new stainless steel-clad rebar technology

  • Stainless Steel
  • 23 May 2025 15:36

Valbruna Slater Stainless to invest $28 million in Fort Wayne plant expansion

  • Stainless Steel
  • 23 May 2025 15:31

Nickel prices rebound on LME amid falling dollar & stabilized stainless futures, oversupply concerns persist

  • Stainless Steel
  • 22 May 2025 15:44

Outokumpu introduces new stainless steel powder for aerospace & aviation use

  • Stainless Steel
  • 22 May 2025 15:10

Stainless steel futures and spot prices rise in Chinese market

  • Stainless Steel
  • 21 May 2025 15:23

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,661.50
  • 2,688.00
  • Aluminum
  • 2,445.00
  • 2,457.00
  • Copper
  • 9,492.50
  • 9,461.00
  • Nickel
  • 15,200.00
  • 15,400.00

Learn more