Industry News

Walsin Lihwa expands China stainless steel investment with $15 million

Views : 67
Update time : 2026-01-05 15:18:33
Walsin Lihwa received approval on December 31, 2025, to invest US$15 million in its Yantai subsidiary in China. This capital injection aims to develop new alloy materials and expand into waste recycling and wholesale operations. The move is in line with the group’s strategy of acquiring European specialists such as the UK’s Special Melted Products Ltd. (SMP) and Germany’s DMV to enter high-margin niche markets.

Looking ahead, Walsin Lihwa expects to benefit from the EU’s upcoming trade policies. With the EU set to raise steel import tariffs to 50% and reduce duty-free quotas starting mid-2026, the company’s localized European production positions its stainless steel business for a potential recovery. By integrating global technology and addressing trade protection measures, the company continues to transition toward higher-value industrial segments.
Related News
Read More >>
South Africa’s coal exports rise on improved rail performance South Africa’s coal exports rise on improved rail performance
Jan .30.2026
South Africa’s coal exports rise on improved rail performance
Ukrainian industry to drive postwar recovery Ukrainian industry to drive postwar recovery
Jan .30.2026
Ukrainian industry to drive postwar recovery
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Jan .30.2026
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar
Jan .30.2026
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar