According to the statistics released by the Taiwan Ministry of Finance on February 8, in January Taiwan's iron and steel exports increased by 35.9 percent to $1.27 billion, while its metal product exports, excluding machinery, rose by 74.5 percent to $762.9 million, both compared to January 2009.
On the other hand, Taiwan's iron and steel imports in January totaled $844.4 million and its metal product imports amounted to $864.9 million. The year-on-year increase rates were 126.5 percent and 206.3 percent respectively.