China Steel, TW0002002003

China Steel raised November prices: target for China Steel stock is TWD 22.00

Published on 10/14/2026 at 17:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 profit reached TWD 937 million after a loss. China Steel stock was assigned a TWD 22.00 consensus target on October 7, 2026.

Three developments shape the story

China Steel raised November prices by TWD 900 per ton on October 5, 2026.
First-half 2026 net profit reached TWD 937 million on sales volume of 3.74 million tons.
Market capitalization stood at TWD 297.2 billion on October 14, 2026.

China Steel, TW0002002003, Illustration mit AI erstellt.

China Steel (TW0002002003) raised November steel prices by TWD 900 per ton, while a TWD 22.00 consensus target framed the stock on October 7, 2026. IT Boltwise reported the target alongside the November increase, while the price decision was dated October 5, 2026.

Three dated operating signals

On August 7, 2026, Investing.com listed China Steel's latest announcement with second-quarter revenue of TWD 88.84 billion and earnings per share of TWD 0.13.

On September 22, 2026, Quartr summarized operating revenue of TWD 197.7 billion for January through July 2026, up 3.00 percent year over year.

On October 5, 2026, Economic Daily reported that China Steel lifted prices for several November products by TWD 900 per ton as downstream orders and restocking demand improved.

What does the increase mean?

The price action matters because it can improve revenue per ton, but the earnings effect depends on raw material, energy and inventory costs. Quartr reported that first-half 2026 net profit reached TWD 937 million, compared with a loss in the prior-year period, while first-half sales volume reached 3.74 million tons.

The product mix adds a second layer. Advanced Premium Steel accounted for 390,000 tons in the first half of 2026, or 11.50 percent of sales volume, and represented more than 90.00 percent of gross profit, according to Quartr. That gap between volume share and profit share makes mix quality more important than tonnage alone.

Next reporting date

China Steel's next earnings date is October 30, 2026, according to Makkler. The report will provide the next scheduled checkpoint for whether higher selling prices are reaching operating profit.

Market value and listing

China Steel Corporation had a market capitalization of TWD 297.2 billion on October 14, 2026. The company is listed on the Taiwan Stock Exchange under ticker 2002.TW and operates in the steel industry, supplying products for construction, transportation, machinery and energy applications.