According to statistics, Taiwan imported 15,266 tons of small-diameter wire rods (with diameters less than 14mm) in March, soaring by 65.5% from a month ago.
Meanwhile, the export prices of small-diameter wire rods averaged at NT$21,680/ton, increasing by NT$515/ton from a month earlier.
In the first quarter of this year, Taiwan’s exports of small-diameter wire rods amounted to 41,881 tons, increasing by 15.47% year on year.
In the given period of time, the country’s imports of small-diameter wire rods totaled 67,909 tons, rising by 29% year on year.