China Steel stock gets a TWD 900 price increase for November deliveries
Published on 10/08/2026 at 09:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
China Steel stock (ISIN TW0002002003) faces a TWD 900 per ton increase for most domestic flat steel products delivered in November, according to IT Boltwise on October 7, 2026. The change puts pricing power and cost control at the center of the China Steel story.
November prices test margins
The price increase applies to the next delivery cycle and offers a direct revenue lever for Taiwan's largest steelmaker. Its effect on earnings will depend on whether raw material costs, inventory levels and downstream demand move in the same direction.
That operating balance matters because China Steel's first-half 2026 net profit reached TWD 937 million after a loss in the prior-year period, while sales volume totaled 3.74 million tons, according to Quartr in its September 22, 2026 corporate presentation summary.
Premium steel carries earnings
Product mix is a second earnings variable. Advanced Premium Steel reached 390,000 tons in H1 2026, equal to 11.5 percent of sales volume, and contributed more than 90 percent of gross profit, according to Quartr. China Steel's plan to lift the premium-steel share to 20.5 percent by 2031 therefore targets profitability quality rather than volume alone.
Analyst expectations remain above the market price but vary materially. ToAlpha lists a consensus Buy rating from 10 analysts, with five Buys, five Holds and one Sell, a median target of TWD 22.00, a high of TWD 24.00 and a low of TWD 16.00.
The median target stands 16.1 percent above the TWD 18.95 share price. That gap leaves the November price increase as an operating test: higher list prices must translate into improved margins while trade barriers, energy costs and steel demand remain important counterweights.
Stock remains below yearly high
China Steel stock was last at TWD 18.95 on the Taiwan Stock Exchange on October 8, 2026, at 1:30 p.m. Taiwan time, unchanged from the prior close. The 52-week range was TWD 17.60 to TWD 21.60, placing the share TWD 2.65 below its yearly high.
China Steel stock facts
- Company: China Steel Corporation
- ISIN: TW0002002003
- Ticker: 2002.TW
- Trading venue: Taiwan Stock Exchange
- Price (as of October 8, 2026, 1:30 p.m. Taiwan time): TWD 18.95
- Market capitalization: TWD 288.8 billion (as of October 8, 2026)
- 52-week range: TWD 17.60-21.60 (as of October 8, 2026)
- Sector / Industry: Basic Materials / Steel
