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Taiwan’s base metal exports continue declining in February

  • Tuesday, March 8, 2016
  • Source:ferro-alloys.com

  • Keywords:steel
[Fellow] Among them, Taiwan’s base metal and related products have declined by 16% year on year. The performance is relatively weak, but the decline gap has been improved further.

Due to weak demand in the international market, Taiwan exports amounted US$ 17.78 billion in February 2016, declined for 13 consecutive months, down by 19.9% month on month, down by 11.8% year on year.

Among them, Taiwan’s base metal and related products have declined by 16% year on year. The performance is relatively weak, but the decline gap has been improved further.

However, China continues to cut production, leading international steel prices rebound. Taiwan’s base metals and related products exports expects have a chance to rebound in March.

  • [Editor:Chen Zhen Seng]

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