Reportedly, Sheng Yu Steel Co., Ltd. (Sysco), one of the major coating steel manufacturers in Taiwan, said that the company has changed its stagey develop the market due to the sharp competition from China's low price galvanized steel sources.

The company indicated that since it’s the demand for its home application GI products sold to China has decreased; the company has now devoted its extension in Southeast Asia market.

Meanwhile, the company’s earning in October was NT$1.404 billion, up by 10.92% year on year. Besides, the earing in the first ten months has reached to NT$13.76 billion, rose by 22.76% year on year.