Taiwan Billet Imports Climb to 5-Year High

Taiwan has recorded highest Billet imports in CY’18 since 2013, as per the custom data maintained by SteelMint.

On yearly comparison, country’s Billet imports recorded at 3.73 MnT during Jan-Dec’18 increase by 9% as compared to previous year CY’17 at 3.41 MnT.

Based on monthly analysis, Taiwan’s Billet import recorded at 0.42 MnT in Dec’18, up by 24% as against 0.34 MnT in Nov’18. However on yearly premises Billet imports was down by 18% as against 0.51 MnT in Dec’17.

In the duration of Jan-Dec’18, Japan remains the largest Billet exporter to Taiwan with a contribution of 1.77 MnT (47.51%), followed by Russia 0.94 MnT (25.24%) & Vietnam 0.3 MnT (8.11%).

— The latest price assessment of Billet exports stood at USD 435-445/MT FOB India (150*150mm, IS 2830), USD 455-460/MT FOB Ukraine (125*125mm, 3sp) & USD 380-385/MT FOB Iran (130*130mm, 3sp).

Taiwan Finish Long Steel Exports

–Taiwan has exported about 1.05 MnT finish long steel during Jan-Dec’18 as against 0.96 MnT in the previous year, up by 9%.

–On monthly basis, Taiwan’s total finish long exports stood at 0.07 MnT in Dec’18, moved down by 13% which was about 0.08 in Nov’18; both down by 13% on M-o-M and Y-o-Y.

–Australia was the largest importer for Taiwan’s finish long steel with a contribution of 0.22 MnT (21.34%), followed by South Korea 0.10 MnT (9.49%), US 0.10 MnT (9.17%), Thailand 0.09 MnT (8.77%) & China 0.08 MnT (7.87%).