Taiwan Fastener Exports Increase 2.65% In The First Eight Months

94b1OOOPIC97.jpg



Taiwan fastener exports increased 2.65% year-on-year to 1 million tons in the first eight months and the export prices rose 7% year-on-year to 2.632USD/kg. The full year export volume is expected to exceed 1.54 million tons of last year.

The main reason for the increase of Taiwan’s fastener export value and volume was the sharp growth of wire rod prices in Chinese mainland, the biggest rival of Taiwan fastener industry.