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These are in-depth pre- and post-show reports on major international trade fairs, held in Taiwan and other countries with significant participation by Taiwanese manufacturers and exporters. They are offered to help global buyers and other readers better understand what is going on at the fairs and the latest offerings by Taiwanese exhibitors.


SINOSTEEL Corporation: Rising price in Steel</h2>

SINOSTEEL Corporation: Rising price in Steel

Jun 05, 2020

Brazil’s new crown pneumonia epidemic has rapidly increased. Brazil’s Vale, the world’s largest iron ore producer, is facing an out-of-control impact. The market is worried that iron ore production and sales will be affected. new highs. Experts from Sinosteel (2002) evaluated that steel prices will rise steadily under the effect of rising costs, with a promising outlook. According to a legal p...


Minister of Economy: Stand by Taiwan's fastener industry</h2>

Minister of Economy: Stand by Taiwan's fastener industry

Jun 03, 2020

Taiwan's fastener industry has been severely affected by the New Coronary Pneumonia epidemic, with a 13% decline in output value and miserable operations. Entering the post-epidemic period, Minister of Economy Shen Rongjin again communicated face-to-face with people in the fastener industry this morning. He emphasized that he would use empathy to assist the fastener industry to overcome difficult...


China Announces New Raft of US Imports for Tariff Waivers </h2>

China Announces New Raft of US Imports for Tariff Waivers

May 13, 2020

China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Beijing to boost imports from the United States. China’s finance ministry said in a statement the new waivers will take effect on May 19 and expire on May 18, 2021. The latest list waives tariffs on products includi...


Taiwan's Manufacturing Activity Contracts</h2>

Taiwan's Manufacturing Activity Contracts

May 05, 2020

Taipei, Manufacturing activity in Taiwan contracted in April because of the COVID-19 pandemic's impact on global demand, hurting Taiwan's export-oriented manufacturers, the Chung-Hua Institution for Economic Research (CIER) said Monday. Taiwan's Purchasing Managers' Index (PMI) for April fell 5.5 points from a month earlier to 47.6, the steepest monthly decline since the think tank started to...


To Set up an Upgrade Platform for Machine Tools</h2>

To Set up an Upgrade Platform for Machine Tools

May 05, 2020

Under the epidemic situation, the regulations on production and creation were useless. Minister of Economy Shen Rongjin promised in the Legislative Yuan yesterday (4) that he would build a machine tool to upgrade the automated production platform, discuss with the industry within a period, and put forward specific plans. When the international economy recovers, the unit can be transported to all ...


Taiwan's Hand Tools Industry Overview 2020</h2>

Taiwan's Hand Tools Industry Overview 2020

May 04, 2020

Taiwan's hand tools are the world’s unsung champions! Every year, Taiwan’s tool industry earns US$4 billion from exports of OEM wrenches and pliers. Globally reputed as the “Kingdom of Hand Tools,” Taiwan is one of the world’s top three export countries in this sector, which is one of the island’s most prominent industries. Nearly 70% of enterprises in the hand tool industry are concentrated in t...


Taiwanese Fastener Industry Accelerates Smart Manufacturing</h2>

Taiwanese Fastener Industry Accelerates Smart Manufacturing

Apr 27, 2020

Many industries have been affected by the prevalence of the COVID-19 pandemic. On top of the government’s industrial relief and revitalization policy, many small and medium enterprises (SMEs) should think about how to accelerate the deployment for “digital transformation”, including digital application services, products, and related digital tool technology. Taiwan plays an important role in the ...


China Steel Corp Chairman Encourages in Search of Blue Sea</h2>

China Steel Corp Chairman Encourages in Search of Blue Sea

Apr 27, 2020

The chairman of Sinosteel Wong Chao-tung believes that the epidemic triggered a global closure of the city and the country, which caused the industry to break the chain and reorganize after the chain is broken. This is a crisis and a turning point. The only way to use the "curvy overtaking" is to avoid the Red Sea market. In order to survive the epidemic, it is necessary to find a new blue ocean...


Cabinet Unveils allocation of NT$150 billion COVID-19 Relief Fund</h2>

Cabinet Unveils allocation of NT$150 billion COVID-19 Relief Fund

Apr 23, 2020

The Cabinet on Thursday allocated the bulk of a special NT$150 billion (US$4.98 billion) budget to revitalizing the domestic economy, which has been hard hit by the COVID-19 coronavirus pandemic. Pending legislative approval, NT$133.5 billion will go towards helping with the recovery of local businesses and other entities and providing relief to self-employed workers, according to the Director...


The Epidemic Hits Steel Production Heavily</h2>

The Epidemic Hits Steel Production Heavily

Apr 23, 2020

The epidemic severely hit the economy, and logistics was severely hindered, affecting the production and sales of steel. Because steel cannot be sold, high stocks have become the norm. Many listed steel mills in Taiwan point out that overseas shipments have plummeted by more than 20% from April. The single situation will reduce the annual rate by 50% or even higher. "There is already the worst pl...