Taiwan’s basic metal output down 1.43 percent in November from October

Friday, 25 December 2020 10:47:28 (GMT+3)   |   Istanbul

Taiwan’s industrial production index in November this year increased by 1.40 percent compared to October and was up by 7.84 percent year on year, according to the country’s Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan’s seasonally adjusted industrial production index in November rose by 1.30 percent compared to the previous month and advanced by 6.85 percent year on year.

In November this year, industrial output in the country’s basic metal manufacturing sector was down by 1.43 percent and output of metal product manufacturing increased by 3.83 percent, both compared to the previous month. In addition, on year-on-year basis, in November this year output of the basic metal manufacturing sector rose by 6.67 percent and output of the metal product manufacturing sector increased by 10.48 percent.

Meanwhile, in November this year, production in Taiwan’s machinery and equipment industry advanced by 13.77 percent, while output in the automotive industry was up by 12.84 percent, both year on year.

Most Recent Related Articles

Vietnam’s steel imports decrease in Dec from Nov, scrap imports rise

South Korea’s new car registrations up 12.3 percent in 2020

Taiwan’s scrap imports up 2.7 percent in 2020

Vietnam’s Hoa Phat’s steel sales exceed five million mt in 2020

Taiwan’s CSC orders coke making technology for Kaohsiung steel mill