![\"25\"](\"http:\/\/kjtehrani.com\/en\/wp-content\/uploads\/2017\/09\/25.jpg\")
<\/p>\nAs per recent data released by Taiwan customs it is observed that the nation has imported about 230,000 MT Billet in July 2017.<\/p>\n
The imports have registered an increase of 53.33% M-o-M in July’17 against 150,000 MT in June’17. During July’17, Japan has exported approximately 60% billet (140,000 MT) to the nation.<\/p>\n
While the export (Japan to Taiwan) in June\u201917 remains at 130,000 MT. While, on Y-o-Y in July 2017 imports registered a downfall of 36.11% against 0.36 MnT in July 2016.<\/p>\n
Coming to total imports in CY17 (Jan\u2014Jul17), the nation has imported about 1.89 MnT Billet; down by 5.02% as compared to 1.99 MnT in the same preceding last year.<\/p>\n
Prior to this, in CY16 (Jan-Dec) the country’s billet import was around 3.28 MnT & in CY15 at 2.90 MnT.<\/p>\n
Country wise:<\/p>\n
During July 2017, imports is surge almost halves against June’17, & in July\u20191 7 Japan’s total billet exports was around 300,000 MT & about 50% of total billet quantity exports in Taiwan. In line United Arab Emirates & Russia exports around 50,000 MT & 30,000 MT to the nation.<\/p>\n
In CY17 (Jan-Jul) – Japan, Russia, United Arab Emirates, Iran & China was the major billet exporter to Taiwan which exported about 0.89 MnT (47.21%), 0.50 MnT (26.48%), 0.27 MnT (14.04%), 0.16 MnT (8.24%) & 0.07 MnT (3.95%), respectively.<\/p>\n
Key updates<\/p>\n
1. The export offers of 150*150 IS 2830 grade billet are currently at USD 520\/MT FoB India & 150*150 0235 are at USD 540\/MT FoB China.<\/p>\n
2. In the week it was also noted from the billet mill owners that due to weak demand from local rebar manufacturers few exports done at USD 520\/MT FoB Taiwan.<\/p>\n
3. Taiwan’s prices for imports of containerized HMS-grade ferrous scrap have down by USD 5\/MT W-o-W, the price assessment for USA based HMS 1&2 (80:20) are at USD 285\u2014 295\/MT CFR Taiwan.<\/p>\n
<\/p>\n
Source Steel Mint powered by Keyvan Jafari Tehrani (JTC)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" As per recent data released by Taiwan customs it is observed that the nation has imported about 230,000 MT Billet in July 2017. The imports have registered an increase of 53.33% M-o-M in July’17 against 150,000 MT in June’17. During July’17, Japan has exported approximately 60% billet (140,000 MT) to the nation. While the export […]<\/p>\n","protected":false},"author":1,"featured_media":1198,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,21],"tags":[48,50,53,65,62,47],"acf":[],"yoast_head":"\n