Tang Eng Iron Works Co., Ltd., one of the major stainless steel producers in Taiwan, distributed approximately 159,000 tons of stainless steel products in 2025, falling by 13.1% compared to the previous year. This volume missed the company’s budget target of 216,000 tons.
In addition, cold-rolled and hot-rolled steel output decreased by 14.89% year on year to about 159,000 tons, even though raw steel production hiked by 6.28% to 31,285 tons.
Tang Eng said these declines were due to US tariffs, exchange rate fluctuations, geopolitical tensions, and an oversupply caused by cheap Chinese steel exports. To improve performance this year, the company plans to stabilize core business profits, leverage land assets for non-operating income, and introduce annual sustainability programs tied to its core operations.