Hkssteel Business Summary

Shinkong Steel Co., Ltd. (Hkssteel) operates as Taiwan’s premier steel distribution and value-added processing center, generating revenue through a transaction-based model focused on the procurement, customized shearing, and retail of diversified steel products. The company’s primary business segments include Steel Direct Sales, Steel Manufacturing Sales, and Leases, with a product portfolio spanning carbon steel plates, stainless steel, galvanized sheets, and specialized structural components. Strategically, Hkssteel has established a dominant position in the renewable energy sector, providing critical infrastructure components such as solar power mounting systems and offshore wind power foundations (jackets and pin piles). Within the competitive landscape, the company competes directly with Tung Ho Steel, Feng Hsin Steel, and Mayer Steel Pipe. Hkssteel distinguishes itself as the primary downstream processing partner for China Steel Corporation (CSC), leveraging its extensive logistics network and precision-cutting capabilities to maintain a high-density market share in large-scale infrastructure projects. The company is led by Chairman Alexander M. T. Su (Su Bo-Yuan), a veteran industrialist who has overseen the firm’s evolution from a traditional trading house into a high-tech processing hub and green energy infrastructure leader. Founded in 1965 by Tien Chen Chang and Chao Hui Su, the company maintains a stable governance structure with deep roots in the Su family, ensuring long-term strategic alignment and operational continuity. The leadership team, which includes key executives such as Executive Vice President Tseng Po-Sung, focuses on enhancing operational efficiency through the expansion of automated manufacturing facilities and smart logistics. Shinkong Steel is supported by a mix of domestic institutional investors and maintains a board of directors with significant expertise in metallurgy and industrial management, reflecting its critical role in supporting Taiwan’s national infrastructure and energy transition goals as of March 2026.