In July this year, the value of Taiwan's iron and steel exports increased by 10.5 percent year on year but decreased by 1.2 percent compared to June to $1.60 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 $1.01 billion, up 9.3 percent year on year but decreasing by 12.9 percent month on month.
In the first seven months of this year, the value of Taiwan's iron and steel exports was up 6.2 percent to $10.77 billion, while the value of the country's imports of iron and steel totaled $6.80 billion, down 0.1 percent, both on year-on year basis.