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08 Jun
04:43

Taiwan’s steel imports, exports diverge in May

The month-on-month trend of Taiwan’s steel imports and exports diverged in May, while year-to-date values were both still lower than the same period last year, according to data from the Ministry of Finance of Taiwan. May exports of iron and steel by value amounted to $1.64 billion, hiking 9.6% m-o-m but slumping 22.8% on-year, Kallanish notes. Y-t-d export value fell by 26.9% from the year-ago level to $7.59 billion, implying no improvements as exports over…
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