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Taiwan Steel Export Statistics in Jul'19

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Finish Flat
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20 Sep 2019, 15:29 IST
Taiwan Steel Export Statistics in Jul'19

Taiwan's finished steel export log in Jul'19 is as follows:

1. Taiwan's finish long exports were slashed by around 25% on monthly and 26% on a yearly premise in Jul'19.

2. The nation's total finish flat exports in Jul'19 declined by 17% on a monthly basis however the same fell by 18% on a yearly basis in Jul'19.

Prolonged US-China trade feud has weakened the global market sentiments. Thus, as per data maintained with SteelMint, Taiwan's finish flat exports to its major importer Vietnam (16% of total exports share) declined by 31% M-o-M basis to 1,11,157 MT in Jul'19 over, 1,60,240 MT in Jun'18.

This major decline in the nation's finish flat export came in line with Vietnamese buyers preferring Indian origin HRC as compared to Chinese and Taiwanese origin over competitive offers.

3. The nation's finish flat stainless steel exports witnessed a marginal decline of 4% on a monthly basis however tumbled by 12% Y-o-Y in Jul'19.

Taiwan Export Jul'19
Commodity Sub Commodity Jul'19 Jun'19 M-o-M
(Change in %)
Jul'18 Y-o-Y
(Change in %)
Finish Flat HRC/Plate 364,742 468,925 -22.2 374,756 -2.7
Galvanized Steel 129,720 152,749 -15.1 213,694 -39.3
CRC 107,719 89,309 20.6 127,743 -15.7
Pipes and Tubes 42,819 62,801 -31.8 63,676 -32.8
Electrical Steel 38,663 54,564 -29.1 59,882 -35.4
Others 8,568 8,236 4.0 8,185 4.7
Total Finish Flat 692,231 836,584 -17.3 847,936 -18.4
Total Finish Flat Stainless Steel 78,114 81,147 -3.7 88,950 -12.2
Finish Long Rebar 37,853 54,976 -31.1 37,510 0.9
Structure 15,880 18,735 -15.2 36,469 -56.5
Wire Rod 6,724 6,981 -3.7 7,155 -6.0
Total Finish Long 60,457 80,692 -25.1 81,134 -25.5

Quantity in MT
Source: SteelMint Research

20 Sep 2019, 15:29 IST

 

 

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