In March this year, the value of Taiwan’s iron and steel exports moved down by 5.3 percent year on year to $1.46 billion, according to the statistics issued by Taiwan’s Ministry of Finance. In the given month, the country’s iron and steel import value totaled $1.21 billion, increasing by 4.5 percent year on year.
In the first quarter of this year, the value of Taiwan’s iron and steel exports decreased by 8.6 percent to $4.06 billion, while the value of the country’s imports of iron and steel totaled $3.0 billion, up by 4.7 percent, both on year-on-year basis.