Wen Hu Pan, General Manager at Walsin Lihwa, a stainless steel wire rod and cable manufacturer in Taiwan, stated that demand from the Grid Resilience Strengthening Construction Plan remains strong, with private construction driving significant orders, ensuring stable order growth in the second quarter.

To counter uncertainty brought about by US tariffs, downstream customers placed orders early in the first quarter, stabilizing Taiwan's stainless steel shipments for the second quarter.

China's stainless steel business is adjusting its product mix, expecting performance similar to the first quarter, while the European market remains sluggish.

The nickel pig iron market is expected to see limited further price declines, but the overall second-quarter resource business prospects require careful evaluation due to global economic trends and geopolitical risks, said Wen Hu Pan.

Walsin Lihwa reported its first-quarter consolidated revenue of around NT$44.84 billion, a gross profit of NT$3.699 billion, and a net profit attributable to the parent company of NT$679 million, with an EPS of NT$0.17.