Taiwan’s HRC exports drop by almost 17% m-o-m in Nov

According to the official report, the total exports of hot-rolled coil (HRC) in Taiwan of November was around 323,000 tons, decreased by around 16.8% from the previous month.Among them, the main destination countries were Vietnam, with around 60,000 tons, followed by Japan’s 49,000 tons, and Malaysia’s 23,000 tons.The main reason for the decline of the imports was caused by the strong decrease from Vietnam (-36.5%) and Malaysia (-16.5%), but the imports from Saudi Arabia had increased by over 400% month on month, came to around 23,000 tons.