Facing weak global stainless steel demand and intensifying competition from low-priced Chinese and Indonesian products, Taiwan’s Yieh United Steel Corp. (Yusco) reported that its operating performance remained under pressure in the last year despite continuous efforts to optimize costs and improve order quality.
However, Yusco remains cautiously optimistic about the market outlook. The company believes that demand will gradually recover once global economic and geopolitical uncertainties ease. Meanwhile, it will continue strengthening its competitiveness through niche products while maintaining long-term operational resilience.
Yusco said it has launched a comprehensive transformation strategy centered on three key pillars including low-carbon production, smart manufacturing, and high-value-added products. As part of its digital transformation, YUSCO has established a dedicated AI Intelligence Department to accelerate the adoption of artificial intelligence and big data technologies across its operations.