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08 Mar
09:57

Taiwan’s steel cross-border trade narrows decline

In February, the year-on-year decline in both exports and imports of iron and steel to and from Taiwan has narrowed compared with January. Monthly exports however dived deeper month-on-month, according to data from the Ministry of Finance. February exports were down 3% m-o-m and 24.1% y-o-y at $1.43 billion, the lowest value in two years except for December last year. This took year-to-date exports to $2.91 billion, 28.1% lower y-o-y, Kallanish notes. The US…
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