An Feng Steel

An Feng Steel is a steel maker of Taiwan. Its manufacturing factory is located in Kaohsiung. The company was established in 1986 by Chu An-hsiung, and managed under the An Feng Steel Group (安鋒集團). It was the second largest steel company in Taiwan, but broke out a financial crisis in 1998. According to the records announced by banks of Taiwan, An Feng Steel is already left behind much more than 1.17 billion New Taiwan Dollars in bad debt.