In July this year, the value of Taiwan’s iron and steel exports moved up by 8.1 percent year on year to $2.14 billion, according to the preliminary statistics issued by Taiwan’s Ministry of Finance. In the given month, the country’s iron and steel import value totaled $1.37 billion, dropping by 9.8 percent year on year.
In the first seven months of the current year, the value of Taiwan’s iron and steel exports rose by 28.7 percent to $14.65 billion, while the value of the country's imports of iron and steel totaled $9.61 billion, increasing by 17.1 percent, both on year-on-year basis.