Taiwan Finish Long Steel Exports Soar 28% in Jan-Jun 2018
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Taiwan - one of the major finish steel exporters has reported increase in its Finish long steel exports during Jan-Jun (H1) of CY18 against the same period of CY17.
As per the customs, the nation has exported about 577,941 MT Finish Long steel in H1 CY18, up by 28.10% against 451,149 MT in H1 CY17.
However, on monthly comparison, the Finish long steel exports was down by 56% to 47,405 MT in Jun'18 as compared to 107,672 MT in May'18 & in line yearly premises it has been lessen by 37.36% against 75,690 MT in Jun'17.
Under Finish Long steel commodities following HS codes has been considered - Bar & Rod (HS code 7213 & 7214), MS Wire (HS code 7217) along with Angle & Shapes (HS code 7215 & 7216).
Bar's & Rods have contributed the major export proportionate during H1 CY18 and registered at 325,872 MT (+47%) followed by Structure (Angle and Shapes) 203,778 MT (+10%) and remaining Wire Rod 48,291 MT (+8%). The changes are mentioned are compared to H1 CY17.
Commodity-wise Export (Qty in MT)
| Sub Commodity | H1CY18 | H1CY17 | Change | May-18 | Jun-18 | Change |
| Rebar | 325,872 | 221,442 | 47% | 62,656 | 21,879 | -65% |
| Structure | 203,778 | 184,822 | 10% | 36,948 | 17,312 | -53% |
| Wire Rod | 48,291 | 44,885 | 8% | 8,068 | 8,214 | 2% |
| Grand Total | 577,941 | 451,149 | 28% | 107,672 | 47,405 | -56% |
Quantity in MT
Source-SteelMint Stats, Custom.
Updates
- Flat Steel Exports of Taiwan Rises 8% in H1 CY18 under HS code 7208 (HR coils/Plates), 7209(CR coils),7225(Electrical sheets),7210/7212(GP/GC). The nation has exported 4.51 MnT Flat steel in H1CY18 as compared to 4.19 MnT in H1CY17.
- Taiwan is the second largest exporter of Flat steel in Japan during the H1 CY18 and have exported 0.45 MnT of Flat steel in H1 CY18.
- During H1 CY18, Japan's Billet export recorded at 1.93 MnT, in which major proportion of exports was to the Taiwan at 0.85 MnT (44%), which enlarged by 10% Y-o-Y as against 0.77 MnT in H1 CY17.
