The Operating Performance of Taiwan Electric Arc Furnace Producer And the Government’s Industry Policy

The aim of this thesis is to identify the challenges and opportunities of Taiwan steel industry, especially in the area of electric arc furnace steel industry, and to make recommendation to the government and industry players for future consideration.

Data for this study were collected through various industry resources, including annual reports, government industrial policy, steel association data, publications, articles, other thesis, etc. In addition, the companies selected for the research covered both Taiwan and foreign companies across five countries in order to find out the consistency as well as the divergence. The thesis analyzed the financial data and the non-financial characters of each comparable company. The thesis further analyzed the government’s steel industry policies to see whether such policies fulfill current market trends and industry needs.

On the basis of the results of this study, it shows that competitive advantages of Taiwan electric arc furnace companies come from the structure economy and process innovation and therefore is competitive to those global foreign players in terms of financial benchmarks. The non-financial characteristic then becomes the critical factor for future success. Furthermore, the government’s industry policy shall be reexamined in order to accelerate market expansion, expand public construction and boost the economy momentum.