Evergreen Steel Reports June 2026 Revenue of NT$1.636 Billion, Up 47.3% Year-on-Year

Company Code: 2211 Company Name: Evergreen Steel Industry: Steel Industry Reporting Month: June 2026 Monthly Revenue: NT$1,636,457 thousand (NT$1.636 billion) Year-on-Year Change: +47.3%

Keywords: Monthly Revenue, Steel Industry

Evergreen Steel, a leading Taiwanese manufacturer of specialty steel and stainless steel pipes, supplies high-quality steel products to infrastructure, energy, and industrial machinery sectors globally. In June 2026, the company reported revenue of NT$1.636 billion, a significant 47.3% increase from NT$1.111 billion in the same month of the previous year. This growth reflects rising global demand for steel, driven by active infrastructure investments, particularly in Asia and the Middle East.

In recent years, the company has advanced automation and improved energy efficiency across its production lines, enhancing cost competitiveness. It has also increased the sales ratio of high-value products such as corrosion-resistant stainless steel tubes and high-temperature alloy pipes, improving the quality of its revenue structure. In Q2 2026, new orders reached record highs, with operating rates exceeding 95%.

Industry analysts note that steel prices in Asia, including China, have been on an upward trend since early 2026, benefiting Taiwanese exporters. Evergreen Steel has capitalized on this environment by expanding OEM contracts in North America and the Middle East. Pressure-resistant steel pipes for LNG pipeline projects have performed particularly well, leading the company to forecast full-year 2026 revenue growth of 35% year-on-year.

Looking ahead, the company is exploring joint production opportunities with local partners in Southeast Asia to strengthen its global supply chain. As part of its ESG strategy, Evergreen Steel aims to reduce CO2 emissions by 30% by 2030 compared to 2020 levels, through increasing electric furnace usage and adopting renewable energy sources.