China Steel's (TPE:2002) board approved an investment of around NT$1.56 billion for a newly established coke production and consumption regulation process.

The project will run from Jan. 1, 2026, to Dec. 31, 2028, and will be funded mainly through working capital and loans.

The initiative aims to optimize capacity, balance coke production and consumption, and support blast furnace operations following the decommissioning of No. 1 Blast Furnace.

The new process will transfer coke from ovens to a belt conveying system to ensure a stable supply for hot metal production, it said.