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Dumping effect on Taiwan steel exports

Taiwan's steel exports declined in the first half of 2023 due to steel dumping from China.

Dumping effect on Taiwan steel exports

The export of many steel products at low prices due to the low excess supply of Chinese steelmakers has greatly affected the production of neighboring Asian countries.

According to the statement of the Ministry of Finance, Taiwan's exports of basic metals and products in the first half of 2023 decreased by 26 percent year-on-year and amounted to $14 billion. In addition, the export volume decreased by 22 percent.

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