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Taiwanese steel industry's output values up by 7.1pct YoY in 2011 - MIRDC

Steel News - Published on Mon, 04 Jun 2012

According to statistics released by the Metal Industries Research & Development Center, Taiwanese steel industry\'s output value reached TWD 1,519.5 billion in 2011, growing significantly by 7.1% in comparison of TWD 1,418.7 billion in a year earlier.

In 2011, the Taiwanese steel industry\'s export values amounted to TWD 560.2 billion, increasing by 9.9% from TWD 509.9 billion in the previous year; the import values reached TWD 420.7 billion, rising by 7.2% YoY.

In the fourth quarter of 2011, the country\'s steel industry\'s output values and exports values were at TWD 375.7 billion and TWD 141.6 billion, down by 0.3% and 1.6% from a quarter earlier respectively, caused by the EU’s debit crisis and economic slowdown in emerging nations.

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Posted By : admin on Mon, 04 Jun 2012
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